I’d like to opportunistically invest  There has been no sell off in the DC market.

Hello @Yvonne Wang,The scope of work should include the following:- Basic info: Property address, client name, contractor's contact info, address, license#'s, signed general/operating agreement b/w contractor and client- Specification of repairs: Repair item, Quantity of items needed, total & per unit cost of items, taxes (if applicable), Completion hours, title of the person responsible for the repair item, written summary describing the work- Add'l info: Schedule of repairs, additional payment schedule details i.e. disbursement schedule, method of disbursement, deposits, holdback amounts, etc.The screenshot below highlights a couple of repair items.

While there is no statutory holding period to qualify, it is important that you be able to demonstrate that your intent was to hold. 

Far more than most real estate acitivies and much quicker think about it.. you sell the same info over and over and get paid instantly you have no roofs to fix no tenants to manage etc etc.. you do have reputation management of course.

What if you're a cardiologist with no debt and making $250,000 annually?

There is way too much risk here and no profit.

Cash deal, no inspection 10 day closing.

Quote from @Matthew Beninate: Quote from @Sarita Scherpereel: Quote from @Seo Hui Han: You may want to consider local banks / credit unions just because many of them will require or give you more favorable terms for things like HELOC's and other line of credit products if you have a deposit account with them. 

No qualifying and the ability to use your money to purchase something else?

Customer service from a support perspective matters of course, but no hang up or delays on investing would take place.