These types of opportunities sell for $3 - $5 million.  

With this loan type you will also be able to buy houses that would not qualify for with conventional loan. 

I don't have experience with closing this type of deal and figured learning from someone who does this is the obvious route.I'm not looking for a guru, but a real person who can show me the ropes.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

I have been trying to ask around about investing using this type of strategy.

Again if the numbers don't work it does not matter what type of house you are going after.

Value add is value add regardless of type of real estate, you simply need to know how to operate the property better.

I am not qualified in those types of behavioral matters.  

What is the typical rents for this type house?