This type of relationship building can be difficult and take time, but if you're building a team, to us it is worth it.As for profiling your properties, are you asking about how you can show the deals you've done?

Similar to @Michael Guzik's mention of Cardone using historical rent, a conservative stress test for your current portfolio is to run a net worth (balance sheet) based on what you paid for the property, not the current market value, vs debt.

I take no pleasure in being blunt, but the first warning sign was a 17% interest rate--sounds great to an inexperienced investor, but the realities of the real world make that VERY difficult to be successfully paid. 

Investing out of state should not be difficult as long as you have family in the area.

Interest applied to the original Loan amount, and not to the remaining balance.2 - 20 year term to payoff.3 - Payments would be made monthly for P & I.4 - Interest over 20 years @ 10%/year = $10k/year for each loan.5 - Principle payoff per year = $5k/yr/loan6 - TOTAL coverage needed = $15k/yr/loan or $30k/yr based on $200k in loans (both loans)This allows you to use the funds as many times as you want, but only have to pay for these funds once. 

It's the flip period, when you have to travel to the property frequently, that will be difficult.

Doing an out of state deal can be difficult. 

I would never "gut" a house unless it had an issue requiring it (water and mold, smoke damage, termite damage, etc)We usually will "fix" something instead of replacing it if we can. ie, a door with damage gets wood putty or sheetrock mud and then a repaint.It's always a balancing act to put a property in market condition and still have the margin  for adequate cash flow.

Honestly, it's getting more and more difficult to find deals. 

To echo @Ken Breeze $10K a month is attainable within a year, but veeeery difficult if you're looking to do so through multifamily investing.