Unfortunately, my student loans have crippled my credit score and now I am approaching 30 and have credit below 550.

Hi,I was approached by a realtor/broker that also buys/flips and wholesales properties and he offered me a deal where I would earn 15% return on a property he is going to rehab and flip.  

Does anyone have experience with this or any advice on how I should approach individuals.

Usually they will search for apartment brokers or commercial real estate brokers that specialize in apartments  so you're going to need to approach it from that angle.The most effective method to find off market deals is to call the owners directly.

When you first started, how did you approach homeowners, what did you say? 

This also will pocket you several "I only want to rent" leads, that you can follow up on if you're not getting your price and your 90 day time limit is quickly approaching. 

How do I approach this situation?

All incredibly helpful.

In fact to provide support for you Income Approach (NOI/Cap Rate = Value) to value is your Sales Comparison Approach which would be measured by a price per unit or square foot of comparable apartment buildings.

That’s an incredible feat at 37!