Since I've got my service business, I don't mind all of this productive, yet unpaid effort. 

@Stephanie Potter To my knowledge, it is not they're bulk of transactions, but they do still service them.

You can see in just a few years how the VA property can easily be a bigger boost to your net worth than the Memphis properties.Now realize that even with a PM the scaling of the number of units implies more work and effort.  3 units is unlikely not to be more work than 1 unit (assuming similar asset class - Class not lower than C+; I only recommend expert in slums try the D+ and below rental units).I would not choose the historically low appreciation markets but if I did it would only be for MF+.  100 units at $200/month cash flow can be significant even if the cash flow only increases at the rate of inflation; this likely provides a very nice life but probably not financial freedom especially if you are living in San Diego.  500 units with that cash flow most people would have financial freedom. 

I dont even think there is such a product.

You don't want a transactional broker who is only looking to make one deal with you and forget about you...

A lot of these products are spot on, highly stylized rentals.

Are you speaking in terms of a live in flip or just a conventional loan product on a primary residence?

Unless there's some "greater fool" out there, who will buy without the zone change, your going through the zone change process will solidify the value that is likely being depended upon by you and the sellers to transact.

Is there a license required or a charter needed to sell these products or can just anyone do it?

He said: "The loan product that the bank has you approved on is for rental property in good to excellent condition, where tenant can move right in.