Turns out their total monthly income is too low ($600 shy of 2 month's rent -- we require it to be at least 3 months). 

I would check to see what you could rent the house for with your low down payment mortgage.

The idea is for my sister and I to combine all three properties revenue, risk and maintenance in one LLC and pool the money to buy out the siblings AND keep separate deed/titles to our individual properties to do with as we wish after the 5 year buyout.   

We handled maintenance for a ton of them, the only problem I hated was the inspectors.

You have everything from low end inner city properties to rural properties and a ton of small towns in between.

If it gets 3 hits in 10 hours, it's too low.

Good Sponsors should have a portfolio of properties in different regions, and usually select properties rated Class-A—high quality, newer buildings with top amenities and low vacancy rates.    

Not everybody is cutout for sales, and its a very low barrier for entry. 

Long term bonds love a good productivity number and this reading has helped MBS to temporarily rebound off of our early morning lows.

@Baahir Starkey the easy days of low rates allowing a beginning investor to pick a property on the MLS and have it cashflow are over for now.Now, investors have to do lot of research and pursue motivated sellers, willing to take less than their property is worth.