It's a conventional loan and we can use 75% of the rents to help you qualify. 

Feel free to DM me if there is anything else I can help with. 

This is super helpful.

Thanks for the help!

Glad to connect & help with any insights on the markets you're looking for. 

@Ryan DaultonIt sounds like a conversation with your IRA plan provider is in order.Perhaps this will help. 

I have a few questions and would really appreciate it if someone could help answer them.

Because if you don't have at least 20-30% (and that's probably being lenient), to put into this transaction (a solid $400-$600k), then I'm in total agreement that you need a capital PARTNER, and another very experienced person to help you actually develop/execute.  

Working with a knowledgeable real estate agent and keeping an eye on online listings can also help.

Instead of thinking everyone is n00bs, think of everyone as a potential partnership or source of marketing so that you can help them with the things you are great at, renovation, etc and they can find you the deal that you keep trying to find.