The main difference is that you don't borrow "money ", but instead buy the property from the lender over 360 payments, and the price of the property is marked up - this is the "profit" they charge.

Because the Property Class dictates the Class of the tenant pool that the property will attract.

With this route you can purchase a turn key property and expect to lease the property immediately or purchase an existing rental from an investor that doesn't require rehab and has strong numbers. 

Hello everyone, I currently saw a property that was a bit beat up grass overgrown, paint chipped, the stuff they tell you to look out for.

My personal credit score is a 780 and I have multiple other properties but still not busting the DTI metric. 

An owner of a higher listed property may be willing to take a steeper discount than a lower priced property where the owner is stuck at their list price.

Quote from @Mordecai Ese: I’m 28 and debating whether to withdraw $60K from my Roth 401(k) to help fund a new rental property.

Quote from @Robert Deets: Hello, My name is Robert, and I’m an entrepreneur focused on real estate investing, specifically in single and multi-family properties and strategic flips.

(but... it only works if you significantly boost the ARV of the property. 

I've used them for a few of my properties.