The market has plenty of older properties that need renovation, a favorable refi environment, and is generally landlord friendly.That said, it's not all upside Cleveland has slower appreciation, harsh winters, and older homes that often require significant repairs.I sold over 50 value add deals last year and I can say that if you have even a "good" GC crew (doesn't have to superstars) you can raise and repeat this process all throughout the Westside and parts of East.

As for non-bank loans, I'm familiar with a loan program that provides 100% financing, but it requires a minimum 650 credit score and proof of funds covering 12 months of interest.

Turnkey is just a promotional word and it, just like passive investing, require the same due diligence that any other investment requires.  

I'm not sure if they still have the 2 year requirement on income if it's going to be your primary residence.

I got an email today that the BOI requirement was on hold again since the fifth circuit reinstated the injunction today.

Our rates are 7-12%, with no down payment required.

Lending capacity should only matter to those with large borrowing needs and require large legal lending limits but that wouldn't apply to hard money lenders anyway.

While personal loss is difficult and understandable, running a business that directly impacts property owners requires a contingency plan.

With that they may be able to recoup from their renters insurance (hopefully you require this)  If locks are damaged and the unit isn't secure you would need to take care of that right away.

It requires hard work, strategy, and a willingness to take on projects others might overlook.