Prices are a major limit in that market everything is high since demand is there.

Looks like the majority of them are occupied, but the rents are below market value.  

You won't need any sort of major presentation to buy your first investment property.

Setting aside any personal biases towards the product the only people who negatively impacted by the industry (from a RE perspective) are traditional tenants competing for industrial space who are repeatedly priced out of space.

The vast majority of banks will not do a HELOC on an investment property.

It seems to me the majority of time people in the podcast are talking about analyzing deals and cash flow and their goals they are basing it on a 30 year Finance.

That's only ~17% equity, which in most cases seems to be not enough to obtain either of these products.

Does the 10 month timeline include plan production and plan check?

Some of the major rehab involves Siding, portion of roof, new sidewalk, splitting electric (new panel boxes and meters), heating (new furnaces and re laying of duct work), water (new water heaters), portion of broken sewer pipe replacement, replace electric wiring to 2 units, new kitchen, bath, flooring, windows, doors (interior and exterior) in all units. 

I've seen a 2007 build property that runs on 35% expenses ration and a 70's product that runs closer to 50% In an ABP property you would run closer to 65% expenses.