When applying for a mortgage (making assumptions here), the lender will want 3 months of bank statements, W2s, etc.I agree with others here that house hacking (living in a house you are renovating) is the way to go AND in your situation, buying a duplex or similar income producing property will help if you apply for a mortgage. 

There’s so many great markets around the country that are solid areas that produce great cash flow.

Do we go out of our way to try to attract millenials? 

Accessing cash-flowing projects that offer tax advantages as well as a 2X multiple, or an IRR  close to 20% can be an attractive alternative to many other options for investing.regards,Joe

You’ll get a much better price if the property is vacant, because you’ll attract owner occupants versus just investors.

We've started increasing our rehab budgets when analyzing properties to try and attract higher quality contractors.

My mom and and I are investing together, but even doing it this way we don't have the most attractive financial background.

With your net worth (and likely income), you can easily do passive and achieve a potentially attractive return profile as a limited partner.

Just because you have cash doesn’t make a wholesale deal more attractive.

Probably 3/2 open layout is the most popular, but in some suburban neighborhoods that are attractive for families 4/2.5 do REALLY well also.Feel free to shoot me a message if you need more specific info.