Most will require you to have skin in the game.  

I’ve bought multiple short sales. 

I'm looking a small MF in Tarrant county now...really out of SFR game....

I am still getting used to how much of a numbers game this is, failing 30 time to find one in a hot market.

Through multiple layers of hearsay, I have learned that the major player here in my neighborhood has stated that he will no longer develop rental units and instead focus on commercial. 

Or you can learn by reading, listening, watching, and still find that you would be 10x farther along if you had just started by  connecting with the right person from the beginning.Find out what kind of area you are interested in investing in, put the funds together and say here's my skin in the game, then connect on Connected Investors, BP, local facebook pages, local reia meetups, and elsewhere.

Hey all, I'm a new investor who has spent the last [too long] getting educated and is looking to properly get in the game.

I haven't yet seen anything that talks about the improvement requirements to qualify as you alluded to, but this is a game changer.

I always do find it kind of interesting when these celebrities buy multiple homes in the same area.

The rec building would also have a full kitchen to include multiple refrigerators and stoves for cooking.