Seller Concessions Rules: Sellers can offer concessions through MLS (like buyer closing costs), but it cannot specify buyer agent compensation.

The 70% rule is indeed a common guideline used to evaluate BRRRR deals, ensuring that you can potentially pull most of your money out on refinance.When lenders offer DSCR (Debt Service Coverage Ratio) loans at 75% LTV (Loan-to-Value), it can change your analysis slightly.

If you think about AirBnB, it essentially acts as an escrow - a guest may book months in advanced and pay at booking, but the funds are not released to you until after check in.I would love landlords perspective from this community on if you would be open to using a trustworthy third party tool that offered this same service (ie. tenants pay whatever your deposit is to this escrow account, then 24 hours after check in it is sent to you).

Ideally I would want him to drive by the home, snap some pictures of outside/inside problem areas to give me ANY idea of repairs expected before an offer is put it.

As long as you have experience there are options for this scenario, however most lenders who are going to offer a mortgage on a property that needs a full gut rehab will require that rehab funds be included.

I felt the cost was just too high for what it offered in the way of education, and as you noted, the list of banks offering 1st position HELOCs. 

Different agents will work for different fees and I am sure if you offer to pay them more per deal, they will work harder for you. 

Is there anything I should keep in mind about getting prequalified or making offers in my situation or anything in general?

My realtor (and friend) owns a number of properties and recently offered to sell one to me through a lease purchase agreement.

On the other hand, a multifamily property might offer steadier income and can be a bit more hands-off, especially if you opt for property management.