Each of those will want you to have skin in the game with experience and/or money.

For all your non-recourse lender is concerned, you are providing the 20% plus closing costs to the table (your skin in the game as far as the non-recourse lender is concerned).Trick to becoming a successful investor:  DON'T OVERTHINK, JUST DO IT! 

Sounds like you have no skin in the game, so it would be tough to find a partner that would take all the financial risk. 

On the surface it looks like it can work, again people are doing the very same thing right here and cash flowing pretty well.

However, you will need skin in the game at least 60%,of the ARV. 

Hi Bryan,It's very rare that you would be able to put down 0% on these deals as lenders like to see that you have some skin in the game (worth giving a try though).

In other words...people that don't have enough skin in the game to even cover the deposit. 

Lenders will always want to see you use some of your own money so that you have "skin in the game", so to speak.

Still, I realize I have only scratched the surface, not to mention I am arguably using a source that may be misleadingly rosy.

I prefer a solid surface, tile or something similar like hotels do.