Find the best property you can afford that also can produce enough income so that your monthly out of pocket expense is equal to or less than what you'd pay in rent.

Lender - "What kind of rates are you guys seeing on DSCR lately?"

And this is a biggee wading through the fake lenders or the Joker brokers that tell you what you want to hear  but cant get the deals funded and you lose the deal and a lot of money.3. with actual PML  private people  usually have very limited funds so cant scale with them.. they can have a life event and just stop doing loans all together..

What's next for you?

Quote from @Polat Caglayan: What do professional investors think about Detroit's course and future? 

I think it really depends on what type of work history you have.

What capital do you have available now to buy or are you only looking for seller financing?

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?

What matters more is how easy can you get there, how often will you be there to learn, how good is your team. 

It really depends on what you are wanting and the goal of the purchase.