Fannie and Freddie have excellent multifamily programs, including 30 year amortization.25 to 30 amortization will not make "suck" turn to "good".

Did you include Holding Costs in your Rehab estimate?  

Hi Jason,Based on the difference between rent and mortgage payment ( I am assuming it includes taxes and insurance), there is very little cash flow for maintenance, vacancy, and all other expenses while renting (50% rule),  I will sale now that El Paso is a seller's market for properties under $120k.Good luck,Jaime

I'm interested in the BRRR method as well.

I've recently been looking into purchasing property using the Master Lease Option method.

It also makes sense given that you spend a lot of time away from your home area for work.With regards to lenders, there are plenty of ones available out there in Charlotte, including Walnut Street Finance.

My long term goals include flipping to get started in the game then acquiring my own rental properties to help me reach financial freedom. 

Make sure all costs are passed through to the tenant, including all permits and approvals, maintenance obligations, tax increases, etc.

My company manages multifamily communities (100-300 units) nationwide and we would like to start performing detailed, onsite property inspections that include an interview with the onsite property managers.

Also remind her that you do not allow any modifications to the property including paint without your written permission.Hopefully she will agree to cancel the lease.