True collateral lending, no credit requirement, tax returns, etc.I've been getting the first chunk from them and putting PM (secured by another property because they dont allow 2nds) to do the rest.Private lenders are great, but the ones that have the kinda coin to loan you $100k+ are few and far between. 

True enough.

Is this true for the type of business I am in, i.e.

Some of the, "Young people today don't want all that space, want the flexibility to rent, want to live in the city center and walk everywhere" stuff that you see is STILL not really true.  

It is a true real life fruition of Bigger Pockets networking.

He claims that is none of my business since the city owns it.While it is true the city does control the first 25 ft of property I am the one who will have to replace and repair any lawn damage, and i would be responsible to keep it mowed. 

Aside from the other very true comments here I'd start watching the ongoing news from Inman and the local clubs where you intend to land.  

Was home not to long ago to visit and there were still homes in shambles, true not as bad as the day after the storm, but some still linger.

This is especially true with the local "big boys" like ELS, HTA and Carefree.

@James DeRoest  burned out landlords remain one of the mainstay's of acquiring new inventory... that's for sure.. and its true at virtually every price point..