They explained this perfectly Also, the "mortgage rules" are not some hidden secret only the banks know.

For example, if you have a lot of cash and in your market, houses sell quickly, and you have a good eye for design and have experience in managing projects, and you can do it this actively, then being a rehabber and rehabbing houses is a perfect fit.As to whether you should partner or not, it really depends on what you're trying to accomplish.

other than I agree some of those cities are not owner friendly they want the buildings in perfect shape and will keep on you until they are.. sec 8 is section 8 that's same all over the place.. 

So it really depends if you like the house, if you have kids, are you handy with fixes around the house, is your wife good with moving to not necessarily ‘the perfect house’.  

It's not perfect but it works pretty well.

The perfect scenario would be a healthy open line against something......  

"Smelly cash  homebuyers".. perfect.

Yes that makes perfect sense.

And what I described above was the perfect answer for me.

We finally found a duplex that was a perfect mix of the right price, medium taxes and a decent neighborhood.