You can go to D Class areas in cheap markets and build a big portfolio.

Remember though you either offer on total CAP rate or pad rate only plus wholesale value of the trailers.  

On that program it does require 'Full Doc" income so W2 or 1099 income would be required.DSCR also offers 30 Year Fixed, ARM programs for lower rates and Interest Only which can help with first few years initial cash flow.

The best data is not on those websites and it's not cheap.

Nothing here convinces me its an easy path to cheap real estate, just the opposite. 

Purchase price: $450,000 Cash invested: $5,000Purchased this home to live in, then rented it and moved out just over a year later, this is my second deal like this, according to Zillow I owe about what Zillow says its worth but I got it at a good rate, although it was at the peak of real estate right before everything dropped and rates started increasing.

It is essential to conduct research on school districts, crime rates, and market trends.2.

Compare rates, compare specialization (you don't want to go with any bank if you choose a 203k - go with one that has experience handling them).

If it's being valued using comps (since they are 1-4 units) and not using NOI and cap rate like commercial properties, the return might not be there at the exit. 

It'll be interesting to see how our rates compare to last summer