You nailed it—it really is a solid business model, all designed to maximize profit (which, to be fair, I respect from a business standpoint).

When it comes to repairs, I recommend talking to contractors who can walk through the property for you and give you a solid estimate.

Maybe you could help us then, is there any source or evidence besides his own word that he isn’t just using the $100 starter kit money we purchase to fund all these loans in a Ponzi scheme?

I am not saying 25% threshold, I am saying they should work or have another solid way of income and can contribute a healthy portion of the rent. 

(if the buyer wants a more solid commitment)Once a buyer has spent money they are somewhat vested in buying the property and that gives additional negotiating power to the seller.

It can also help cover HELOC payments if you find a property with solid equity potential.

I don't know much about Ohio market, but I see everyone flocking there for section 8 income and that sounds wild to me as real wealth is build on long term appreciation of stable assets in solid areas.Don't fear the stability of a W2.

I negotiate at 70% ARV so the deals I bring are solid and I'd love to work with one single corporate cash buyer that is able to close  on several deals a month.

The committees have never said they'll require a specific form of evidence to show that you've rented the place for at least a couple of nights.

One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.