I'm also a licensed mortgage broker with a lot of fix-and-flip programs, including some that require as little as 10% down on the purchase price, and provide 100% of the rehab funding.

While this is a great and highly motivating goal, most people are either clueless or incorrect in their belief as to what is required to obtain this “lifestyle”.Understanding of the “how to” get there is further obscured by the misleading, and often patently false “pathways” sold by real estate educational MARKETING companies as workshops, upsold to association memberships, upsold to mentorships.

A3: Zelle payments require 1099s.

If you give someone over 19% membership interest in the deal, the bank will usually require a personal guarantee from that individual. 

Credit is a factor as bad credit may limit options, or may have the lender require you to put 10 or 20 years of taxes and insurance into escrow. 

Then add any other codes required where you want to build and study those as well.

Requiring occupant to have renters insurance is another possibility for extra protection.

While downpayment requirements are higher, still a great option. 

I have a few lenders who do but they still require some money from the borrower so they have skin in the game.  

How strict are the licensing requirements, and are there any recent changes in city or county ordinances to keep in mind?