For multi-family there are other requirements but for single-family it just says "new construction and rehabilitation" and doesn't list out any other criteria..Also, do you know how it defines multi-family in this case; is it 2+ units or 5+ units? 

Another idea would be to find a partner that would be interested in going in on the deal with you for the short term and define the exit strategy when setting up the JV.  

You need to define your own comfort zone but you need to realize that with low leverage you are missing out on investment opportunities.As for the house #1 and selling it …   Cash flow at a moment in time does not define cash flow over a holding period. 

The longer answer:Clearly define your expectations and what you are looking for from the management team.

@Eric Gebhardt you are asking the right questions - I always tell people to work on two things before they look at property:1.) develop your financial model2.) define your target audienceThe financial model is basically an financial analysis of a hypothetical property.

Nice story Charlie, and this goes to show that one, ten, or a hundred pushy obnoxious recruiters violating the rules Don’t define eXp whatsoever. 

I'll call these "conventional" and "portfolio" loans.Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

I haven’t found any clearly defined classification rules on grading so it’s subjective C class is going To look depressed compared to where most people would want to live Lots of rental houses many homes have falling off gutters and old aluminum siding 10 year old cars some houses may have boards on windows .

https://www.investor.gov/addit...above defines what is an Accredited Investor.

It all depend on how you define "a good deal"  Have purchased two SF rentals on MLS.