Class A properties can almost auto-run themselves, but Class C/D properties can take a LOT of time.At one point I was self-managing 25 Class A & B properties and could do it despite working 60 hours a week at my day job.

Even if such a loan existed (which I doubt), once Vincent self funds all improvement costs, finance charges, carrying costs etc., I doubt he's any better off.

I'm in a position to be able to buy what I want, and being new, I am hoping to leverage the group's experience and avoid the headaches one creates for one's self.

When I was self managing, I turned over units in days rather than weeks/months and had reasonable contractors. 

A HELOC is a great way for you to self-fund the improvements.

I am getting a mortgage for about $175k, putting 70k down, and the rent of approx $1900 is a near breakeven cash flow investment when I self manage.I am sure there are investors out there getting better returns than this, but I am a busy working man with a family and I am playing the long game.

I still think developing good relationships with brokers is the best way and will get you the best results quicker than going direct to seller. 

This self claimed "Drug Addict to CEO" doesn't pass the sniff test in my opinion.

There aren’t many residential development companies operating at this level, which reduces competition and risk.

At Wells talk to the business development officer.A local credit union offered me a commercial credit line on an LLC.