MANY people have wishful thinking and do not correct whatever is keeping them from getting a mortgage. 

I always send people in the direction of @Amanda Han she is among the best in the nation when it comes to serving real estate investors. 

Be wary taking advice on these forums from people who are not experienced in the niche you're trying to break into.

Those people will come up with the money if they're forced to.

The majority of people I talk to are actually pretty knowledgeable and are in a position to invest.

I have seen some people that don't come in as a GP or fund of funds, but they are pooling $500k+ together, which may get them an 80/20 split versus 70/30.  

And that's just the amount to meet the minimum threshold for itemization, you realistically don't start seeing any benefit until you hit those initial thresholds which is a lot of interest payments. 

It seems that many people who are considering getting into the industry are also unclear about what to expect. 

I've seen a lot of people start adding things to say that plants can not be grown inside the home.

I just want to repay the people that helped me out and try to do one closing.