Like the other individuals mentioned, Yes you want to offer them some type of value.

They are highly motivated, can use low downpayment loans and will compete fiercly for every good listing.

it is fairly easy to review the individual or business ahead of time, but the picture is not complete until the deal comes into play. 

According to them, it is standard practice to quitclaim the property back to the name of the individual to get financing, and then put it back into the LLC or other structure.

It helps to have a large network of contractors (either a trusty GC to handle the whole project or you need each individual sub... painters, tile folks, electrician, plumber, etc.) for homes that need a lot of rehab and that can be hard to find from a distance.

I'm in a mastermind group of 3 individuals and we have been meeting weekly on Zoom for 3 years.

Traditional has nice terms and long term security, much easier to finance individually if you ever think you might want to sell one of the properties for any reason because it's time consuming and expensive to separate it later. 

However, they are also some of the most lucrative rental markets in the nation, thus the "competiveness".

Instead of competing with the guy in Nebraska for his $100k deals (disproportionately for broke people with poor credit, especially if they're calling you in California for a mortgage), why not let him have all his $100k deals, and take his California $750k referrals (where >5% down and great credit is more likely anyways)?

I would like to have responded to each of you individually but I don't want to inflate the post with 4 it 5 of my own replies at a time.So thank you @Jonathan R McLaughlin, @Jason G. , @JD Martin, @Justin Sullivan, and @Steve Milford.