im currently new to real estate in general. what I did so far I went to my local court house and receive a list of abandon houses.

It will be extremely unlikely that you find a HML to give you 100% funding on your first deal.They will all require you to have a down payment and some skin in the game.You will also need funds for rehab because they typically reimburse you afterwards.You'll either need to save up or get private money (friends, family, etc) for the down payment.Otherwise you can always explore creative financing options like seller financed deals, etc.

Lets say your NOI is 100k per year. and the cost of the property + renovation is $1milion. then effectively you receiving 10% Cap on the cots. 

Those type of properties I’ll typically shoot straight for MAO.

When I got to the appointment I asked her to show me the Yellow Letter she received on the mail and it was one of the first letters I used to send with my personal phone number more than 3 years back when I wasn't very smart with my mailings.

I'm sure it's hard to estimate cost, but what kind of return do you typically see from sub-metering?

Typically rising market, property taxes, interest rates...Somewhat depends on your income level too.

If you can get $900 a month cash flow, which is over $10K a year, then over a five year period, you've received over $50K.

And they’ll use our profits from this property as income to approve us for our next property rather than having to wait the typical 2 years for it to be considered income.

You know the typical signs to look for over grown grass, tons of newspapers sitting in the driveway, weeds growing over windows, just signs that scream my owners don't care about me, one house even had a few meteor sized holes in the roof.