I drive by that property routinely.

The are strict license requirements in my industry too (home inspections) but that doesn’t prevent a non-inspector from owning and controlling a home inspection business. 

FHA appraisals have strict inspection requirements.

Am I strictly stuck to loans or do I have to grit my teeth and save until the sun turns grey?

My investor bought a Mixed Use building in Chicago 2 years ago at a 6.7% Cap- Cap rates in area for strictly multi family are in the low 6'sWhat is the argument that the current Cap rate of 6.5-7.25% should be used on the building vs a higher rate?

Also strict rules on shower times and bathroom usage would be put in place along with a shower log to reserve shower times. 

Investors who buy foreclosed properties at sheriff sale auctions are the only ones I know that routinely buy properties without inspection. 

@Charles MitchellI think I’m getting it...So strictly from a theoretical standpoint (ie not real numbers/rates)...If I put 10k down on a 100k house I own 10% of that house.

Rate is high and conditions are very strict, but still, it is totally possible.Thanks again for the motivation @Dan Maciejewski !

VA loans have strict condition requirements.