Commercial lenders (ARMs, higher rates) will entertain blanket mortgage scenarios.

It's always easy to "match" because there is nothing to match, I just call a pig a pig and send them a revised Loan Estimate with the deal structured with LPMI like they asked for.I have seen "no PMI" adjustable rate mortgages, and the bumped rate there looks 'normal' because it's a normal 30 year fixed rate... but on an ARM.

If you want to do buy and hold (BRRRR) or flips, you'll need something like the software in my signature (free beta at this time) to be efficient.Keep arming yourself. $2500 is a good start but know your goal and focus on it.

Although I'm not an investor who flips or holds rentals, I think it's interesting that the county may now have a property type that explicitly identifies properties that are bank owned.

So far I have:Built a standard parts list and supplier list: windows, paints, flooring, cabinets, sinks.Established a good primary realtor.Made a standard of what I will do to distinguish my apartment units in the market.Hired a property management to deal with the increased number of lease up's and tenant shake out (note- I have only had 1 tenant move).Started using a documentation system for projects (Trello) and files (Google Drive).Built a solid relationship with a commercial lending arm of a regional bank.Areas to improve: Marketing- I have been MLS primary for my deals focusing on heavy rehab needed C class buildingsWebsite- slacked on totallyAttending network events-  in the 2 years only made it to 4 I think.

Just went to a bank I found that does the type of loans (seems like most don't), and got the following numbers:Term: 10-15 Years  (5/1 ARM I believe is what it's called, but the note is 5 yrs)Rate: 6.15% Downpayment: 20%This doesn't seem too bad, but it isn't really impressive either.

Turns out the seller had no heirs while the buyer just kept sending his monthly payment to the bank without knowing that the bank had sold the escrow arm to a company that closed in 1992.  

@Andre Key I own several Sub2 properties and I explicitly tell previous buyers that they can no longer deduct interest. 

Rental properties are not a arm chair investment.

Low valued SFHs can cash flow, higher value homes can not.Purpose built properties, such as multi plex units are built and designed explicitly for the use as rentals and are priced accordingly (or should be).A personal home is not a investment, it is a life style choice that will ultimately cost more to the owner than it will ever be worth (except in certain areas like CA where no one understands the value of money).