I would then call the lenders and get all details of the loan programs, fees and time frames involved.

So don't overlook the old school methods either.

Ok i get it if your expliantion is accurate then they are not really loaning per se they are doing equity JV deals and no doubt in the operating agreement if you fail at all they simply take over and finish the deal with out having to deal with you anymore.. and again I can't blame them for that method I would do the same if it was 100% my money.  

A friend of mine had to do an insurance claim involving body fluids where it was disclosed to her that the insured was HIV positive. 

I would never put someone that in not involved, nor has nothing to gain or lose in-between me & my cash flow.

Included was having his electrician check to make sure the property was safe for workers which involved flipping breakers and capping off flood exposed outlets.

Minutes from bus routes that connects to the train which connects to major parts of the city.Ideal Location - located in a mature neighborhood surrounded by several desirable schools.Near local amenities such as a shopping malls and leisure centers.Home setup is desirable - top level and potential legal basement for dual incomeHome is in rough shape and can add value to it (BRRRR method) which is what I want.Alley and Garage parking.Cons - Located on two main roadsThere is street parking in front of the home (2 lanes of traffic both ways). 

The banks price them high enough to recover costs involved in the foreclosure every time. 

My recommendation:  Focus on Single Family Homes and look towards the BRRRR method. 

There are quite a few inspections involved in the rental process, and all of those take time.