In my experience it is market dependent, however assuming it's in a relatively populated area it always seems that there is demand for someone looking to rent a room at a certain price. 

If you won't be renting to someone you know, it can be difficult to get this as you're transitioning into a new property (hard to sign a rental agreement, if you don't know when the property will really be ready).

Its not a HUGE RED FLAG when someone tells you about their experience.

Loan rate/terms get complex once you hit that 5+ unit property, so you'll ideally want to work with someone who can help on both sides of your plan.I'd also consider MTR as an option for a $70K property.

That's money out of their pocket and into someone else's pocket. 

Can someone expand on this comment? 

I can’t speak much about other markets, but as someone who started off in Columbus, I would say, the Ohio market in general is a very beginner friendly state to get started with your real estate journey.

It's far less likely you'll foreclose on someone who puts 20-25% down than 0-5%.Seek out someone with experience to help you, a real estate agent, title agent, and/or attorney are great places to start. 

If someone finds my property on the MLS and then contacts an agent, I don't pay a fee.That gets a little tricky since some people won't buy a property without representation.

Which do you think is a better situation for someone’s first deal if their long term goal is a big portfolio?