First things first, when assessing property managers, it is crucial to prioritize their ability to collect rent and manage delinquencies.

Then, over time, probably a few months, start to determine who you would feel comfortable doing a deal with.

Its good to have this forum so people can have enough knowlede to determine whether this type of model is what they need to get motivated.

Right now, my best advice is to determine first your exact investment strategy (long-term appreciation?

A reserve is unnecessary, but I still keep around $15,000 - $20,000 in my account.The point is, that you should sit down and assess your finances to determine what the worst-case scenario may look like, how much you would need to cover it without impacting your life, and whether you will need to build a reserve.

While others above have highlighted the ability to purchase a property with 0% down, there is one large stipulation: you must purchase a property as a primary residence.

No way lights are running up a bill by $250 in an apartment.

For a relatively "safe" creative financing, one needs serious reserves (lots of moolah) and the ability to sell or refinance quickly when one of those "hiccups" occur.The gurus usually collect a large fee, from people who have neither money, reserves, nor experience.

From there, it requires the ability to conduct underwriting the highest and best use of a planned project, which requires a pro forma built by the user or acquired from a competent 3rd party. 

This successful deal highlighted our ability to act quickly and capitalize on market-ready opportunities, delivering impressive results with speed and efficiency.