Are there additional hurdles today that have to be overcome...

This could drive down your cash on cash return below your 15% hurdle rate.

Just curious if that's completely unreasonable before I push back on our team.

Right now, my biggest hurdle is not having a real estate agent.

Once the hurdles are overcome i hope to use this as a stepping stone to slowly build a real estate portfolio and develop cash flow on the side of my full time job. 

Once you get a system down and speed becomes the hurdle to overcome, then delayed finance becomes appealing.

One of the hurdles in buying these properties (and the reason you can get a good deal on them) is that oftentimes they have deficiencies that make them ineligible for government financing (FHA, VA, USDA) and make it much more difficult to obtain conventional financing. 

The owners and managers also allegedly implemented an unreasonably restrictive two-person-per-bedroom occupancy policy at two rental properties.

I would be willing to cross collateralize my properties, the hurdle that I have been running into is only having an ITIN and not a SSN.

The biggest hurdle is banks need to have the ability to go inside, with utilities on to have an appraisal.