If you are looking for some good meetups I would say NCREIA has some pretty good ones but there are also smaller meetups like the TREIA meetups they typically have every Wednesday, one of my good friends hold a deal exchange every two weeks on thursday.

Or, is there other typical arrangement when you work with realtors under this mode.

You essentially robbing Peter to pay Paul. 

VC firms typically do not do real estate, maybe a family office but that relationship takes a good amount of time to build and as you mentioned they will want to see experience.This is a hard question, but I ask them - what are you bringing to the table?

@Kiran Reddy no offense, but you're making a typical OOS investor mistake about the Detroit market!

You can use a co-borrower just make sure they have good credit and a (2) year work history of W2 income.Try and avoid self employed co-borrowers because their tax returns typically do not show income and are full of deductions.

Considering out-of-state areas can offer more affordable investment opportunities, but it's essential to thoroughly research and select the right market for your investment goals.When evaluating potential investment areas, consider factors such as job growth, population trends, rental demand, affordability, and landlord-tenant laws.

At present time you essentially have a m2m lease without the financial bonus.

Unemployment is typically the lowest in the state, and there are many good paying jobs.Some stuff that we have bought:$34,000 rent $1,250$32,000 rent $950$36,000 rent $895

They typically have slightly better rates, 10+ year draw periods and no annual renewal requirement.