The big thing is always focus on protecting the public, disclose, and take care of people.

You can use other people's money if the numbers work.

All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

That means YES, they are actually with people sitting down and scrolling through new listings every day looking for people to tag.

Nowadays, people can make paycheck stubs/W2's that look convincing so just make sure you invest in software that gathers verified information on applicants.  

Quote from @Austin Wolff: Hey Kegan, I published on article on BiggerPockets specifically to answer this question for people like you (and selfishly for myself):The 10 Best Markets for Your First House HackNone of the states you mentioned are on this list, however.

Don't expect these people to have anything to do with you once the transaction is over and a lot of bitter, nasty fights along the way. 

FHA gets a bad rap because sellers and many agents think it's only for people who don't have the money so if I had 20 percent, but wanted to use FHA, I would present a proof of funds with my offer showing I have more money, but am using the FHA as a financial option so I can get an investment property as well somewhere else.

Mistake #3 was not having knowledgeable people around to be able to ask questions.

I can't stand Dave Ramsey because he advises people with out asking 100 questions that you should before you give advice like this.