We do this for brand new investors with no experience.

You still need some money to cover part of the rehab until you get your first draw, and if you're a brand new investor you might not qualify for 100% LTC on your first deal, but if you can partner with someone with experience on their track record or can prove significant past contractor experience then we might go that high on your first deal. 

Would you consider buying a brand new triplex?

The SMARTEST thing I did...was follow a "who" not a brand or company or model or some "thing". 

MetroOther developments on the horizon that should continue to lead to the success of the area are Alexandria Virginia’s massive success so far, most notably the completion of the Hazel tunnel in May of 2024, in it’s AlexRenew program to make the Potomac River swimmable and fishable by 2040 (Source), the new Rivana development next to Reston Town Center, which will add a 9 million square foot development to the newly expanded Silver Line Metro, the first Phase including 2.7 million square feet expected to be delivered by 2027 (Source) , and a 8.1 million square foot development from JPG Smith in Potomac Yards Alexandria next to the new Innovation Tech Campus and brand new metro station in the coming years (Source).

His advice would mirror mine - to start your company, build your brand, add value to the forums here on BP if you're going to post, create the marketing for your idea, and then work your backside off to make it work. 

You'll also continue to be building your brand, your network, your experience, etc.

I'd look for a good brand and spend some time looking at reviews from a big box store. 

A renter in my area would pay the exact same amount for a brand new manufactured home as they would a stick built (they probably wouldn't know the difference since its put on a proper foundation anyway).  

A good example of this is when an agent is selling you on their brokerage brand and saying things like:1) Our brokerage has "X" agents and "X" employees all working for you!