I can check in with my local bank, but I don't want to waste their time when I'm not yet serious about doing a loan with them.   

Or like many small in businesses you raise cash from friends family and anyone else that knows loves and trusts you.The other thing I suggest is to make that $27,000 or $37000, or $50000 yourself over the next year. 

Educate yourself on the local market, network with other investors and agents, and always have a solid plan in place before making any investments.

DC Investment Property:First read your bylaws and see if there are rental restrictions.Note, in DC you need to apply for and have a business license to rent property.

Unique neighborhood and product within local market.

Make your bank stand out by ensuring FAST same day loan processing with better terms.If I owned BiggerPockets I would act on this IMMEDIATELY because it’s all about speed and execution in business. 

I don't really need to know much else about someone - if they can't pass this test, why should I believe that they will be able to run a business that will generate cash?

The management companies & local investors usually lease places up within 1-2 weeks max (depending on if you want to hold out of higher rents) How would you think about leasing these out? 

To move forward, determine whether you prefer local or out-of-state investing, cash flow or appreciation, and self-management or hiring a property manager.Good luck!

I personally think they are a good company (that's why I hired them) but they may be too 'busy' for small fish like us.