While I agree that in your work scenario you need to keep your investment life a bit more quiet, I personally feel that not talking about what you do with family, friends, and others you come in contact with limits your ability to let others know what you do which is networking.

Summary of Final Rule The final rule contains the following key elements: Ability-to-Repay Determinations.

I'm not trying to be patronizing because I used to think all that was needed was the ability to run the numbers, cash, and an agent with MLS access.  

If you have the ability to purchase and funds to get started they might spend time educating you as it leads to a business and a relationship going forward.If you have no money then really what you have is time to try and shadow and investor and do gopher type task items to learn from the ground up.

Money in war zones is great, the ability to resale is not, and costs are high.

The biggest benefit to having a lot of rentals is the ability to have a full time maintenance person to handle all of the little stuff.

Your earnest money deposit will not compensate seller sufficiently for your lack of ability and you ought to take responsibility for any additional problems you create.

Ideally I'm looking in the price range of $150k ARV and less because of my current financial abilities until I get better established.ThanksDave

I think there has always been an element of both nature and nurture in my longing to be competent enough to accomplish that for myself.

This is probably what the bank would want to see as well, even if the ownership structure strips you of any decision making ability or control you could have it so that you're first money out after the bank.