This is not even close to the documents required for a properly drafted loan.

We pay 1.75 months of rent per new customer.Total                      $34,000                $53,000Once your location gets close to full occupancy for 2 or 3 years. 

Prior to my clients' closings (rental properties in 2 states) in the last 6 months, I worked with IPX to prepare for DST investments.

We are closing on a 2/1 condo tomorrow with a small fenced backyard and a metal storage shed.

A motivated seller could say anything to close.

This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.

It won't be 100% accurate, but it will be close enough.

My answer, yes I currently am buying a $165,000 property in Phoenix (not listed on the MLS) using one of my methods to find, using only $5,871 plus closing costs of my money.

Has anyone saved money and closed with one of these new upstarts?

Quote from @Michael Beirne: Hi everyone,Some business partners of mine are looking into BRRRRing in the Baltimore market and are looking to find a GC, agent, property manager and an attorney that could help us affordably close on properties.