They will not file an application unless you agree to overlook their numerous issues.

I have a friend who has acquired numerous single family houses cash and has some nice passive income coming in now.

In talks with my mentor who has done this numerous times, as long as you are making the payments, the bank does not care who owns the property and will not call the note due.

This is a career change for me as declining health (cancer survivor with ongoing complications) may cause me to need to have a job with greater flexibility.

to add to the reply from Zach. that is also the case in ft worth, but with one minor detail. you can prune overhanging tree limbs as long as it doesn't jeopardize the trees health. this has happened to me on my personal property.

I want people to be able to utilize my relationship building skills and my ability to get across from numerous people at one time.

Many suggests cold calling, door knocking, and farming your base etc but after listening to numerous podcasts I'm hearing that door knocking and the "beggar" approach isn't necessary with proper marketing but that's where they left you hanging.

I can give you anecdotal evidence - there were numerous 1BRs that sold for below 100k around 2010, for example on Summer St and Glenbrook road.

I have been absorbing them and have heard numerous episodes that address your very question.   

The approach my investor had was straight talk about the numerous issues he saw, some of which were not mentioned by the GC:  foundation, water damage that may have come from the outside, perhaps from the runoff from the neighboring property, rotted base boards in the corner (water damage) that could mean deeper issues.