Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score.

Success in the real estate industry requires a strong team.To comprehend the characteristics of your target location, go out in-depth market research.

Service based businesses are much easier to scale and have lower capital requirements. 

In Maryland, a Legal Agent is required if the Rental Property Owner resides outside the State of Maryland; including nearby D.C., Virginia.

Most city/county regulations want no less than 1 million in liability, so we require that for any clients.

ChristianIn some states you are required to be licensed or to be a real estate agent to manage other people' properties.

There is also a Bank statement loan but that would require 10% down where they use gross deposits instead of income/taxes.  

Is there anyway to bypass any of the requirements? 

I am looking for GCs that can do SF and MF, can do a new building on raw land, full rehabs of beat down properties, and touch-ups (I like the lipstick metaphor), and require little supervision.I also really like @Johnie Hopkins original four points: 1. provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus),2. is able and willing to do cosmetic work as well as studs-deep rehabs,3. has a dependable crew(s) and is known to hit targeted completion dates,4. is knowledgeable of Houston / Harris County permitting and inspection requirements.Please PM me or email!

The wife's credit rating came in at 751 which is one point above our requirement.