The typical income from a free and clear rental would probably be $800-1500/month - and on a financed rental probably $300/month on a good day in today’s market.  

The "typical" off market seller is someone who thinks their house is in too rough of condition to sell on-market, but doesn't have the money to fix it themselves.  

Additionally, there typically are additional state protections (outside of the agreement) based on where the fund is located.

But if your goal is to leave your day job soon, multi family will offer more cash flow typically.

I've done a few so I'm typically offered 90% LTC.

Pace is a typical guru.

If so is there a typical investor profile? 

Just a follow up question, were you utilizing debt to invest, I have always been taught since a young age to try and not utilize debt (I come from a family of stock market investors, traditional business owners) where debt is not utilized as frequently which I obviously understand debt can be a very powerful tool and utilized in a great way its just something I want to avoid with my investments to an extent any suggestions for investing without debt or as little as possible. 

It's people who understand that it takes effort to become successful, typically from CA at this point, and have a way of showing those characteristics, do best.

Does Hard Money typically cost 30-40% of the purchase price??