What I can share is that the risk-reward will not be worth it as a 'newbie' due to your limited capital and inability to actively manage your properties. 

it may be jurisdictional specific, but it would certainly limit the sources for providing credit reports.  

Most of the failures I’ve seen when investors attempt to “scale” a non scalable business result in only moderate losses and temporary setbacks.

You've listed the "big three", and those are all that are needed for most MTRs, especially if you have a limited number of doors in an area.

There are a lot of ways to crash and burn, so increasing the odds of succeeding long term should be your highest priority. you can always sell your local assets once you're comfortable managing rentals and ready for a market that better-suits your criteria. btw, kudos for being self-aware of your limitations.

In southern Florida I fund and profit / loss is 50/50.

Make sure both parties fully understand and agree on:How profits/losses will be split Who is responsible for what (e.g., repairs, management, communication with the seller).Exit strategies in case things don’t go as planned.When you do find the right partner make sure to create a joint venture agreement that outlines all of this clearly.

Properties below this threshold present additional risks and more limited borrowing options.7.

Lots of cities have restrictions..Arlington limits to a fairly small area of town, Ft.

The only thing propping them up and forcing them higher is our monetary system and governmental regulations that limit competition in the market place.