Don't just assume or take sellers word for it.

Here is how I see it:Private Money Lenders:Companies: These companies give loans based on the value of the property and the borrower's financial situation.Individuals: Wealthy individuals usually care most about the property and the borrower's experience.

I do understand wanting the highest rent to purchase price ratio, and I would assess markets based on that, if that is the route you are going.  

It varies significantly based on traffic and location.

In other words, if you buy a property thru one of these companies and later go to sell it after you fixed it .... many other local title companies won't be able to insure it for you. 

The home is in a great neighborhood, and I expect it to appreciate greatly based on new development and being centrally located within the town.

That is where it can get a little tricky based on W2 or only 1099 income from your business.

I was also looking at storage units as an alternative to flipping homes but I see that my ROI is higher and more stable in flips than in the storage units based off what you have all shared.

I'm only answering based off our experience.

C class areas will lure you in with potentially better numbers, but the tenant base is what makes the investment in most cases.