Market timing, properly acquired property, personal capital available How did you find this deal and how did you negotiate it?

Quote from @Allen Berrebbi: Quote from @Dominic Mazzarella: I have personally owned and managed a multifamily property in Illinois and after selling it I said I would never invest in that state again.

I don't personally care about checks anymore so that wasn't an important feature for me. 

What RichDad does not tell you is that it takes a driven personality to build a portfolio and if you have that type of personality you will not enjoy a retired state.

I can see how an application fee per person can be a deterrent for applicants in my case whether for more upscale rentals people may see it as more normal.I am starting off as a non-refundable fee and measure the resistance, then adjust if needed.

I have other HELOCs that were much easier to get both personally and professionally.

I had another person speak highly of New Western.

Either way, $600 in cash flow should actually help your personal DTI if you go for conventional financing on a primary again. 

Where would somebody find such a person that even gave a care???? 

I am the only person that will be able to update you in this matter.