They were taxing as a fourplex, but the CO said it was a triplex.I found out when I went to try to refi with the bank.

People claim that 1031 investors over pay all the time just to avoid taxes.  

This in a neighborhood that is slowly appreciating, some renovated homes mixed in with older homes, but is street by street:Purchase price: $130,00001% rule: meets about 0.88% Down payment 20% and closing costs: $29,493Rate: 6.99% conventional 30 yearMonthly payment PITI: $1009 (was $859 until property taxes increased recently) Current rent $1200 (increased from $1150)Property management fee 10%: $120 (was $115) Net cash flow (if no repairs called in): $71 (was $176)Net rental income most months: $170 (first month rent), $935, $922, $1035 (full month rent minus PM fee) $567, $760, $307, $963, $1035 (full month ), $535, $925, $1035 (full month but now property taxes increased), $585.

It is DSCR based and no personal tax returns are required to qualify.

It's almost like they tack on a few hundred dollars to the order and forget to charge sales tax

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.

I understand that I need to account for taxes, insurance, and other costs—Should I go with a LML and then do a refi later on?  

If i was renting out my house with a pool i would:-Have it professionally looked after. 

I do a meetup in Mesa on Saturday morning's which is a good place to come meet even more RE professionals and investors.You have the experience so now you just need the right strategy to grow the portfolio.