Biggest requirement with rehab loans - skin in the game, a good deal and a decent credit score to boot.

We sadly discovered that lending on a four unit property was a completely different ball game than lending on a SFR.  

He wants to work with me and help me get into the real estate game but I'd love ideas for how to boost my value to the partnership besides the research and reading I'm doing. 

The philosophy is that this is a numbers game and that you need as much data as possible and as big a list as possible because this will give you the highest chances of getting deals.

The more units you have under one roof in the name of the game, so keep that in mind next time you look at more properties.

@Jarek Chu I am an out of state investor with 20+ years at this game.  

You are way ahead of the game at this point. 

If you have 250k to invest you are way ahead of the game my friend.

For the past 6 months, I've been writing out a game plan for starting my RE investing career.

When all goes well things are good. 10 years ago, Investors enjoyed working with good wholesalers who would actively scout the properties desired and do all of the leg work.Over time, the ability to get involved with little or no skin in the game, the ability to make a lump sum of money quickly, and a plethora of bad information made available by people who were only after the disposable income of those who really did not have enough money to get involved in higher level RE took a good tool and exploited it.Wholesalers exploiting undereducated layman (someone who does this exclusively for a living is operating as an Agent with no licensing issues to restrain them or cause them to disclose expert status), using a lot of really distasteful tactics (like trying to wholesale deals already on the MLS, co wholesaling through a string of folks) and getting greedier and greedier as they went....That's where the stink came from.