Open to the idea of more at a later date. 

If that is the case, creating a company to have the rental properties under the company will have the same effect - your loss from the rental properties will be reported on K-1 (instead of Schedule E), which will be subject to same limitations. 

Fannie/Freddie loans will be limited to 75% LTV on a cash out loan no matter what. 

@Chris Heeren, I understand and agree with not wanting to be leveraged 100% of the ARV; I actually had a conversation with my wife after we got close to the closing date, realizing that we actually payed to much from an investment standpoint, not because of the numbers, but because we lost access to the capital that we put into the property.

I'm looking for a generalized idea how accurate the info they provide is, I do understand the information is taken off the websites I was just wondering if the info is up to date so on.

For normal BRRRR deals they want the property seasoned 6 to 12 months from the date it is made rent ready.

I am in the same boat as you with limited personal funds and credit which has been a source of discouragement while I try to save. 

@Stephen KunenProviding substantial services to your hosts provide suggestions that you should report it as schedule C as opposed to schedule E.Substantial services include but not limited toConcierge, meals, housekeeping, cleaning, entertainment etc.A pro of reporting it on schedule C is that losses are deductible and not subject to passive activity rulesA con is that income will also be subject to self-employment taxes in addition to income taxes.

Spreading your limited resources on multiple marketing channels won't get you more deals, it'll actually hurt you.You should examine what your strengths and weaknesses are, and understand what it would cost you to deploy one of those channels in an efficient manner to make your own decision. 

I would not advise a client to accept a deal otherwise, as there would be limited security.Seeing as you need these funds up front to act as a DP for the bank, it wouldn't be  very appealing deal to the hard money lender.