I was extremely humbled by people and their excuses when it comes to paying rent on time.

I put quotes because its simple but many people make it more difficult.

I did hire a VA to cold call like 12,000 people and it was useless.

Nowadays, people can make paycheck stubs/W2's that look convincing so just make sure you invest in software that gathers verified information on applicants.  

I got tired of paying to live in other people’s homes.

I'm sure they are taking advantage of people.

I imagine for people who have had accounts there for a little while would be approved quickly.Also on the cashout refi definitely hit up Community Bank.

Do people have experience doing so and have they been successful?

Quote from @Brendan Jones: For the homes, and or properties that you will use as a primary or a rental property one big thing I look for is infrastructure in the area, extrinsic value (I.e. hospitals in the area, schools, and job market), and the last thing is creature comforts for people (I.e. is a store to get groceries 1 hour away or 2 minutes away).

There are a ton of tools and resources that not a lot of people know so doing some YT watching and their training helps immensely. also, happy to answer any questions you might have on set up / operations.