I was an administrator for a care facility and it is very rewarding.

It can be profitable and rewarding, and any real estate investor can do it if they only follow the basic steps to take distressed to delightful.See the original at: https://www.fortunebuilders.com/real-estate-rehab-checklist-how-to-quickly-estimate-repairs/

I cannot say this is the greatest method there is, I'm sure there are many other great options, there are so many ways to make money in real estate, and if you are comparing this to just wholesaling deals, there is definitely more risk here (but more work I think).For me, given the risk level I'm willing to take and other factors relevant to me, I like the [risk/reward/amount of work] equation in play.

Less risk is not always a good thing for a banker or investor when finance is all about risk and reward.

Risk = reward, so you can't have immense returns without immense risk. 

It's a lot more upfront work IMO vs. a B area, but if you can, it's very rewarding!

Maybe as a sponsor it would reduce the money needed and I could be rewarded more for putting the deals together?

What I choose to do with the money is my business, and whether I buy prostitutes and cocaine with it, spend it betting on cockfights, or donate it all to Save the Whales or Save the Children or Save the Cute Stray Animals, none of THAT is going to make me a better and finer human being, either.I'm still a sinner, no better than the next guy, no more developed, no more refined, no more worthy of grace, no less deserving of the pit, and talk like yours worries me.Because it's only a hop, skip, and a jump away from the psychology of personal growth to understanding myself as a more deserving person than my tenants because I worked and saved and bled to own the roof over their heads, and they didn't, so God has rewarded me on Earth with riches to show His favor and punished my tenants with a lack of money to show His rejection.

I started with a flip last year that rewarded me handsomely. 

I actually wrote this article recently that was all about the challenge and reward of my first real estate deal which was buying a duplex to househack with an FHA loan.Here's the link to the post: https://www.biggerpockets.com/...Here's the link to the blog that has all the details: https://www.biggerpockets.com/...Contrasting Vegas, a lot of Reno's small multifamily is in really desirable areas.