As you mentioned, we have also seen first hand and through our students that it typically takes a few offers to get the ball rolling, and then there is a bit of a snowball effect once you get into the process of making multiple offers a week, that will lead to a more consistent pipeline that can be scaled into a full-time job if you choose to.MartelTurnkey buys houses and tests out the teams on the ground with our own funds and portfolio before letting out clients go through and use those teams on the ground.

Can someone give me an example of a house that needs to be renovated for $100,000 with numbers for fix and flip and for fix and rent?

There are value add deals which make more sense, but those are typically off market and you'll want to start building relationships to get access to those deals. 

We don't discriminate against the source of income - it's illegal but we can choose to work with these tenants or not.There is extra inspection every year, there are other inconveniences.If it's a protected class in their city or county - you can't mention in your add but you can set up your criteria, for example, amount if income.I have 3-4 rents income requirement depending on the credit.

For example I have one property in the lower price point as a rental (triplex that is now worth around $225K).

Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.

Typically it’s like 10% on the money.

For example, on top of down payment & credit score, you also need to factor in the actual DSCR percentage and if there is a prepayment penalty or not.

For example, if I knew the seller was okay with $600k, then I would want to offer them $800k with them contributing $200k to repairs and I would fund this with a commercial loan. 

These typically are the largest users of travel medical professionals.