using a percentage isn't a good way to compare as this will vary based on loan size /  purchase price and location ...its  best to outline the loan amount  and the  specific  costs so anyone on the board  familiar with Utah can  help

They know minimum lot sizes, set back requirements, the process, etc. for That particular lot according to zoning and land use reg.s.  

Surely, an organization the size of Bigger Pockets can do better than this. 

Just carpet and paint for two units that size will easilly be 10k and chances are you are going to need other work.

There are two formats, either an IRA owned LLC called a "checkbook IRA" or a Solo 401(k) trust which is available to those who are self-employed and have no full time employees. 

Sometimes, I will drop fliers off at local self employed businesses.

I already have one property in town that is about the same size and I'm using the insurance cost on this place.  

IRL I'm the type that's perfectly willing to say "good question, I have no idea, I don't do reverse mortgages," but some folks might not want to sound like they don't know something (esp when speaking to a real estate agent), so they just repeat the general documentation requirements for self employed people when you ask about rental income.To find a REI-friendly local lender, go to your local REIA meetup and ask them who is doing their loans. 

Baby Boomer are getting up in their years, many are down sizing, moving in with family and even passing on.

I recently left my employer and am looking for a way to roll my former employer match 401k into another avenue that I can use to invest into real estate.