You'd just need to check with the lenders what they allow up to.Having experience (completed rehabs in the last 3-years tends to be what most lenders look to qualify as experience) will help you reduced your down payment all the way down to 0% in some cases for extremely experienced investors.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

Ultimately, late rent/no rent payments or damage to the property can be extremely costly. 

My competetion was 450k cash   Realtor was extremely excited about my offer and everything even called my financier.

The Windows are extremely good quality , but Brown casing and frame.

I understand there are many requirements for the property and I would be extremely strategic in the property and screening tenants. 

But it is EXTREMELY negligent for a PM to give legal advice on FHA if they dont understand it. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

It will be an extremely risky proposition and likely end up in failure.

And I agree with you, if you haven't lost money in this business, you are either extremely lucky or blessed.