So, as I suggested, you need to find a Lender who will let you borrow ANY number of dollars/times, so long as you can show that each of your loan applications are backed by assets which are/WILL be self-sustaining!

You'll still have to live somewhere, and I don't really see this one being self-sustaining after just two years.Cash flow (mortgage paydown) is a very SLOW way to increase your "equity".

If not, you may want to prep a bit more:1) Do you have enough money saved up for a sustained campaign of at least 200 addresses and can mail them at least once every 3-4 weeks, for at least 6 mailings?

I have a good idea on the NYC rental market but outside of it I'm unsure how to gauge the rental sustainability of different markets. 

Should I trust my intuition that the values are rising enough to sustain my ideal ARV?

Technically any FHA lender can do the program but most are not aware of the self sustainability test itout how  will impact the property you buy.  

The markets where granite is more sustainable are Zionsville, Carmel, Westfield, Fishers, Western Greenwood (Center Grove Schools), and the higher end of Avon and Brownsburg.

That being said, the other picks on my list are markets that I strongly believe will perform great this coming year.Sacramento rents are projected to increase way over 6% this year and vacancy rate is projected to be near the 2% mark (driven by minimal deliveries and sustained demand) according to Freddie Mac.

I would like to structure deals in a manner that is sustainable and highly beneficial to all parties, and would like these relationships to be long term and attract other lenders from their circles. 

For us, the turnkey business is more about volume then minimum profits; we will enter into deals that we know have very slim profit margins b/c we have more buyers then houses and our goal is to build the management company with a good portfolio of houses as that is a very sustainable business with other business opportunities that can spin off that.