Finding good income generating properties does open up some creative financing opportunities but it's good starting out to stick to a comfort range.

So while it feels like I’m making the right decision by looking elsewhere, and Phil’s brand is, at best, tarnished to me by this experience, has anyone had legitimate, W-2 income replacing success through Freedom Mentor?

Let me know if you’re interested in coming.

You have 2 limiting factors: lack of consistent W-2 income and minimal capital.

We did not need help in deciding what our investment niche would be; we needed help in creating and implementing a tax strategy plan for a married couple composed of a high-income earner and a real estate agent and business owner.

Down payment can be higher than primary, but the good thing is that you won't need that much income to qualify because lenders can you 75% of the market rents for the units of the property.

DSCR is no income no doc .

I would suggest for your first acquisition to "house hack" and buy a primary residence that you can get preferred financing on and also make some income on.

I figure it could be a good educational tool and potential for some additional income in the form of referrals, and my own purchase commissions. 

No income No doc .