But the issue you run into is getting financing, a bank will not lend on the deal so you need cash or private money lender. 

The escrow or title company will issue a check directly from your credit line proceeds at closing, so the lender can ensure the debt is paid. 

Just properly underwrite the deal.

Additionally, if I want my offer to stand out above other offers then I will let the seller know that I already own 10 properties in the area and I will offer a $20,000 non-refundable earnest money deposit, a quick close, and I'll wave my inspection period. 

With no renovation needed, this deal was all about smart acquisition, great timing, and a quick close for solid profit.

And you might as well close the toilet lid before taking photos.I like to grab a quick walkthrough video while I'm there and create an unlisted YouTube video for prospects.

Hi everyone,I’m reaching out for advice on a troubling situation I’m dealing with.

In the meantime, it's more so about becoming financially sound so that you can pull the trigger on a deal when the time comes, i.e., saving religiously, building your credit, paying off any outstanding debt you may owe, etc. 

Check market conditions by analyzing inventory levels, price trends, and rent growth—buyer’s markets offer better deals, while strong rental demand ensures cash flow.

Your deal, in theory, matches mixed use DSCR.