They do minimal at best verification of the data the applicant provides.

Have you talked to the utility provider to see if your bill is above or below average for a building of that size and age?

While cash flow may be lower upfront, your income will grow over time, and the property’s appreciation will provide the equity needed to scale your portfolio faster.

Both @Nathan Gesner and @Lauren Stark have provided valuable insights on this.One potential path for you is to join an established team to gain experience.

This ensures you can provide them with a clear and accurate scope of work.

Tribes might even provide additional incentives, like grants or infrastructure funding, to encourage investment.

As a wholesaler myself I can provide some feedback.

Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre &  games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a  complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-) 

Also, providing value to others at a high level will pay off for you in the end if you stick with it.

You can also look into partnering up with an experienced investor, and sourcing the deals or providing the capital in exchange for the mentorship.