live-in-flips are a great option too!

Fix and Flip -Requires a minimum down payment of 10% with 100% of the rehab financed. 

Unless you're working with Private Money that is going to carry the risk of your lack of experience, banks want to see experience, Net Worth and liquidity after close to consider the terms.I started with single family, four plexes, and remodel flips for a lot of years before getting into larger deals. 

@Sherrie Tullsen-Chin I don't know Jamil Damji's Astro Flipping coaching program, but they're all similar.

However, if you're a W2 high income earner or business owner, I can't imagine it makes any sense to flip houses, mail mass post cards, wholesale, or build lead gen websites with the value of your time being better spent other places (such as learning about real estate and increasing your income through proven means), such as at your 9-5pm or growing your business, and your real estate is a long term process and you don't need "home run" deals to qualify or make it work.

I came across your post just as I'm interviewing contractors for our first flip.

This particular home will not likely sell as a flip for more than $50-60k.

I am starting and growing a Residential Rehab and/or Flipping team within the Greater Wichita area.

How many fix and flips have you done?

You want to use flips to partially fund this venture - flips that will drive up housing prices => rents.