That would be a really expensive alternative...

No one knew that alternating current would make high-temperature coal-fired furnaces wholly obsolete by 1940.So here we are today out here, surrounded by quite a few SFR properties built by people who believed they were building for generations to come in a very stable area.

Alternatively you can individually own houses anywhere in the country, or you can partner with others on deals anywhere in the country. 

They alternate foreclosures and tax sales every other week, usually. 

Alternatively, break down all the skills needed for syndications and see where you are a best fit.

Many of our conversations end up going down similar paths and I’d love to hear some potential alternatives to how we usually respond.

If this option doesn't work, here are the alternatives and their pros/cons.     

It's a GREAT alternative to Conventional Lending but they are indeed more expensive loans.  

I think your personal credit is the most important to focus on, but having business credit is also a really good alternative in creative financing (e.g., not using hard money lenders and instead using introductory periods to get into properties.) 

In either case, you might also consider using a VA-Renovation loan (contact Deborah Joslyn at University Lending), which is a good VA alternative to the 203k and might allow you to find those uglier 3+/1+ homes in need of work at a lower entry point and with no FHA-imposed PMI.