However, the ROI on the cheaper house seems kinda low if I rent out the property as a whole.

The low entry costs allow investors to maximize their budget, while the expanding job market boosts demand for housing, creating opportunities for quick sales or rentals.

That would include downpayment, reserves, and honestly that would be very light, maybe for a property 300k or under.

I would say that the UW fee seems low, but processing fee seems high, but they seem to balance each other out and the admin fee is kind of a junk fee.

Regarding paying off the SBA-HEDCO loan, the primary downside to paying it off early would be losing out on a relatively low interest rate.

They will show minor things like cleaning needed or light bulbs but not for major things like AC not working when they do inspection.

Second, leave alternating lights on at night. 

To your original question Karen, as private lenders you are going to get deals where borrowers have low credit scores or are in tricky financial situations.

Who wouldn't want to have theoretically infinite returns with 0% down payment, low interest rates, and have the deal structured for them in real estate as long as they earn 100k+ a year for most deals in the 250k-1M dollar range?

You can hire a cleaner to clean, charge the tenant who left the space dirty and not leave your high-paying job to do low-wage work.