The industry will eventually find a model that allows pretty much anyone not on the OFAC crap list to invest; including foreigners.  

But when I checked with my lender, they only will lend with a combined 80% LTV, including the seller financing portion. 

Cash flow alone will not save you in a recession ... it is the combination of high quality cash flow, cash reserves, and equity that will save you.

They're a total crap shoot with hard to comp properties.If its going to be a rental, is there demand for such a property?  

Nick Stango one thing I heard and I just started doing, drive for dollars, write down every piece of crap house that you see, and that's a mailing list that you can mail to.

Most people when asked what are their taxes, they combine the numbers.

So the combined loans would be about 70-80k.

I'm hoping to combine all of my experiences into a career in real estate investing, although I'm not sure whether full or part time is best for me currently.Out of my current resources I currently have more time than money and am very interested in starting out as a bird dog or any other way I can be of service.

@Devan Mcclish, a good thought...However,Water/Sewer/Garbage are all combined in one bill/account within this municipality, required by statute for all residential units, and would require meters AND sewer AND Totes/dumpsters to be individual to each unit.

I'm hoping to combine all of my experiences into a career in real estate investing, although I'm not sure whether full or part time is best for me currently.Out of my current resources I currently have more time than money and am very interested in starting out as a bird dog or any other way I can be of service.