I had no clue what I was doing and lied to cover that up, it ended friendships, gave me a reputation among sellers and buyers, it was hard to make anything happen.

Stick to the top two and you'll cover 99.9% of the market. 

@David MoreheadBooks: Due Diligence Handbook (super important and often missed element of the underwriting process)The Real Estate Game: The Intelligent Guide To Decisionmaking And Investment (solid overview by an experienced operator)How to Create Lifetime Cash Flow Through Multifamily Properties (free, solid book)Articles:How to Avoid the Most Common Commercial Due Diligence MistakesDeal Screening Checklist for Passive Multifamily InvestorSpend time poking around the Internet + networking with local multifamily investors to understand how to underwrite and what assumptions to use. 

Here are the details (hopefully this covers everything)Purchase Price - Offered 70k but most likely going to be 75kCurrent Rent: $850 but area looks like I could get almost $1000Repairs: $10-15k possibleA home across the street was sold for 125kI think it meets the 1% rule so want to make sure that this is something that makes sense.

they require a low 1.0 debt coverage ratio so as long as your rents cover PITIA expenses then your good to go, cash out is required to be used for "business purposes" only their retail division is Cash Call mortgage, FICO can be as low as 600 and cash out LTV's from 65-75% based on credit, I used to work for IMPAC as they were rolling out the product, it is pretty competitive in the market for this type of financing. 

Just having credit cards open should not have a hugely negative effect on your credit- however, having large balances on those cards and insufficient income to cover the payments would.

I found that really interesting because  I thought all those syndicators were saving up money to cover those costs.But, keep in mind that is syndicators and they are looking to maximize the returns to their investors.

This is a riskier investment than the other two I mentioned, but with a fund that covers a broad swath of the market the risk is reduced through diversification. 

I am currently screening tenants for my 2nd SFH rental. 

Then, their monthly payment to me covers my payment on the mortgage and usually I get $500 to $700 per month *more* than the payment I am making.