All that is wonderful but how well you are able translate that knowledge into the world of REI (without a coach) is another story.

You mentioned that you might to see an attorney later, translation might be you don't want to pay for now for legal advice I suspect, you should have seen your attorney before you started!!!  

This doesn't automatically translate to them actually doing that.While furniture is a benefit, there's a BIG difference between staged furniture and a tenant just leaving crap around the house. 

And then translate that success into being an Equity partner, or a JV partner (my company and team, not just me) in the other 4,000.  

On the other hand, if someone loses $1MM, there would likely be more dialog between the crowdfunder and investor, and unpleasant dialog to say the least.If the model is to target smaller investments, it might be reasonable to assume that the total capital raise in any one investment would be relatively small, which translates to fee income to the crowdfunder that doesn't justify on-site due diligence.  

We do a lot of house hacks with clients in Milwaukee and I don't know the Lexington housing stock, so not sure if what I can tell you translates well.- Make sure you buy in a quality area; you can leverage your low downpayment to stretch much more than you could with an investment property.

Ok, back to the task at hand, finding some potential deals...Based on what the majority of qualified home buyers in my slice of the Atlanta market can easily afford and want, I'm doing a search for 3 to 5 bedroom homes, with at least 2 full baths that were built no earlier than 1975. many of these buyers can easily afford to pay $1,000 to $1,300 a month in monthly mortgage payments, including taxes and insurance (PITI), which translates into homes with an after repaired value (ARV) of about $150k.

I wholeheartedly agree that an MHIC license does not translate into quality but it does affect accountability.

Appreciation creates equity, equity in operation translates into cash-flow.

Yeah, the rents are higher here, but I do not think it translates into a better price-rent dynamic, because taxes and prices are so damn high.