I order to ease the nerves I am trying to educate myself as much as I can in the next year.

@Federico Gutierrez  buying as much as we can in SV,  bought two 4 units on E 55th, 4 unit on Fullerton,  its all about pricing, ( to a point ) again buying what we can,,,,,,,, 

You will definitely need a source of income to get a loan (from a traditional mortgage lender), and that income can in fact be from a job. 

(first they came for the trans-fats, then the soda size, etc...) 

You just do the best you can in any facet of your daily life-be that buying things, renting apartments or raising your kids.

I can remember one investor, whose buyers got their LTV cut, the deal was real fat.

Man just because I called you a fat lazy good for nothing jabroni you put me on ignore how dare you I thought we were friends :shoot: :mrgreen: :mrgreen:

I actually personally jacked my rate up to the tippy top when I purchased, for a big fat lender credit that would cover the IRRRL refinance six months later.

Although there is massive demand for long term rentals and rental rates are increasing, it is still extremely difficult/impossible to get cash flows like you can in other areas of the country.

I have told this to my kids as they were starting High school ( both out now), I always said to them that learning in school what you can in Business and Finance will get you into a lot of different avenues of work in life.