Here are some tips.#2  MINDSET:  Just like some people will NEVER become real estate investors regardless of time, money, related profession, - MOST people will never become real estate investors.   

Cheaper doesn't mean you'll make more money.

for the dishwasher, if running it doesn't clean it up, you can only charge her for cleaning (or if it is broken, repairs or replacement cost). 

It is hard to tell what's going to happen in the Danville (Casino) area, but from what I hear, the casino plan would bring in over 1000 jobs, new police precinct short term goal and actively trying to get other companies to move in to the area for long term goal.

New sponsors have a near zero chance of raising money today.

Many people have the desire to start but fall short because they never make that first move.

(coming from a sarcastic Catholic myself) Has God run a proforma for you to suggest how much you should spend on the rehab and still cash flow enough to generate your desired return?

Let me know if you end up with Madison/Dane County area on your short list and want to talk in more detail.

I work a lot with investors outside of the US from a tax perspective but from a mortgage perspective, as mentioned above hard money or DSCR is probably your best bet.

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.