@Patrick Philip,Well, banks are "flush with cash" these days, but no, they do not have unlimited funds.Also, when banks lend, they impose certain restrictions on the loans, the borrower, the collateral, the terms of the loan, etc. so the note can be sold in the secondary market or be insured by government-sponsored agencies like Fannie Mae, Freddie Mac, etc.Private lenders ("OPM") typically don't write loans to sell them, and typically are interested in the deal rather than the borrower's details.Using OPM down usually means putting some kind of partnership, joint venture, etc. together so the source of the down payment is less of an issue or a non-issue to  the lender(s).Dunno if that helps...

If your current income is low, just be extra careful when evaluating the repairs needed on fixer-uppers and you should be fine.  

Even then you run the risk of the appearance of a conflict, and the resulting potential lawsuit.The conflict arises because of the different legal roles of an agent and a principal.  

Also I'm a member of an organization called BOMA - Buildings Owner Management Association.They have several building owners and have a very active community.

I couldn't care less how much money another person is making if I am buying their property.

With those numbers I would be very careful.

I've love to see some of your sites etc if you'd care to share?

My mother, having run a few nursing homes, knows all too well the shortcomings of some retirement or long-term care facilities.

This is one where you would want to be careful with your loan contingency.

Take Care and Happy Investing!