The up side for her is I will end up buying 5-10 properties a year through her.My only criticism of her is she wont bend the rules and give me the lockbox codes so I can look inside a property on my own, if I happen to be driving by. 

Also, the right property manager in CRITICAL.

Positive unit  cash per flow is critical. 

@Anthony Snyder You're missing a critical number here!

Staying on schedule and turning it in will also be critical if you want to become consistent.

Most everyone can gut a home, but knowing how to estimate costs,  see what needs fixed and be able to accurately estimate  a job, project is critical to you even having a chance at succeeding.

Mike Harris Nick Vertucci and company.now most of the folks I see that do the what I call buy direct model.. have the buyer pay cash and then refi.. so they won't lose the house to me like the old days but they could have their cash frozen.so its critical to have your refi set up upfront..

offstreet parking is a critical factor in the neighborhood.

Anyway, I am a us veteran how hard would it be for me to obtain a federal loan to buy a fixer property and a credit check is not as critical to rehab a property vs the banking system?

(An example of a B+ home in a tertiary market that was purchased for $82,000 or so last year and rents for around $1,200 per month - not for sale, illustrative purposes only).You see these markets don't have enough inventory for the big boys to have critical mass, they are not scalable.