I have not ever, in one circumstance, found that they were accurate.  

Don't, under any circumstances, do work on this house before closing.  

Finding the neglected rough diamonds and/or very motivated Sellers who don't mind selling cheaply for a quick settlement.

My boys we in it for years and learned a lot, but it's funny how, given the circumstances, priorities shift.  

So, less turnover, less maintenance due to neglect and less tenant headaches.

Before others say this, I realize that this decision depends a great deal on my particular circumstances and goals.  

Seems like most are on MeetUp these days, but never neglect doing a good Google search. 

How deeply does the conversation on said phone call delve into the potential investor's financial circumstances and net worth and credit obligations? 

@Nina Haman  stop wasting time trying to find a lender that is never going ot lend to you in your current circumstances. spend your time finding a money partner that will appreciate and finance the deals you bring to them.. ( as long as they are profitable.) give them the lions share build up your experience bucket make some money and in a few years you can get your own loans and do your own deals.It simply is not possible in today's envirnonment of HML ( unless HML is dumb as a rock) to find HML with no money down bad credit... just won't happen.. so change your tac and go after money partner first

Hard/Private money can be tough since Dodd Frank and I have found most lenders in this category are not lending on Owner Occupied under any circumstances, Non-Owner Occupied only.