So, here are the basics based on my market, which is AZ.  

Our Frequent Users of Airbnb or VRBO discount was launched one year ago and because Airbnb is heavily based on reviews of both guests and hosts, we set the bar higher. 

Yup, property condition, vintage, neighborhood, tenant base, property management are all very important considerations. 

Paid 12800.based on google mapsThe property is a mess.

Do you have a preferred type of property and price range you're looking for in general (knowing the costs can be different based on they market)?

I see you are located in Royal Oak, that is the area we've actually been looking at as I'll be based in Warren at the Arsenal. 

@Greg Loberg I have experience working with them but on the title side.They're based in Martinsburg, WV. 

There are some DSR Rehab lenders that may lend based on ARV.Otherwise, you'll need to raise funds from family & friends.

Well this is going to be more mandated by your investor base than anything a mentor can help you with (i.e. there are groups raising money targeting low double digit returns, with limited cash flow, and other groups that need to show mid-20s to get investor interest).Lastly, if you are looking at a mentorship: really hammer on HOW they will help you be successful. 

Dwelling (Building coverage)The limit should be based on the Replacement Cost of the building (cost to rebuild withthe same kind and quality excluding the foundation)2.