I've already had to turn multiple people away after running their credit reports, so I can already see that it's not going to be financially feasible for me to be covering the fees myself.

If you go in that direction, I highly recommend speaking with multiple franchisees from each brand before making a final decision.

Curious to hear the good, the bad and the ugly from multiple perspectives. 

Common Reasons to Terminate a Contract by General ContractorNon-payment: If the owner fails to pay multiple milestone payments, then the general contractor can terminate the contract after giving notice.

If you are talking about investments of multiple 6+ figures that will be tied up for years then you may want to have your own. 

I half predict possible class action stuff once a same attorney gets wind of the multiples. 

Real estate's "gross rent multiplier" is Wall Street's "sales to revenue",  "cap rate" is roughly "P/E ratio".When evaluating markets and investments I tend to start with GRM (or lazily the 1% rule), then attempt to return a cap rate based on assumptions about costs, then I work my way to multiple years of projections (assumptions about inflation, amortization, tax benefits, etc), and if I am partnering with one of my smart friends I have to pull up an IRR (internal rate of return).I also look at regional employment levels, median income to rent ratio in the zip code etc. 

As noted above, a lot of buyers in those auctions are the same people who buy dozens if not hundreds of houses in auctions, sometimes all over the state or multiple states.

But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.

•If you can, raise rents or find ways to increase the property’s income before applying again.Have you already tried talking to multiple banks, or is this feedback from just one?