DSR loans only use your FICO score and then the income history and projected market rents.2) You will most likely work with a commercial RE broker AND a PMC to buy an apartment building.Most DSR lenders will require professional management to qualify for their loans.

are you being professionally represented by an agent or an attorney? 

By understanding what they want and need, you can come up with answers that work for everyone.When negotiating a real estate deal, each seller is different, and their professionalism, tastes, and goals all play a big part in how the deal turns out.After thinking about my trip, I've learned that the best way to negotiate is to know what questions to ask and then listen to the answers.

If you're serious about this, you should definitely consult an attorney.I am not one, but here are some things I've learned from playing around with these types of things:--Trusts are excellent vehicles for anonymity--You can hire a professional fiduciary (like an attorney) to act as trustee so the public contact is not easily affiliated with you. 

Build a team of professionals to work with pursuing mutually beneficial goals (Agents, Contractors, Property Managers, Lenders)I look forward to meeting more members here and learning more about RE investing in the area.

You can do both basic housing aimed at students (they usually aren't hard to impress, just want a safe place to sleep - they don't need fancy and usually won't maintain fancy) and higher-end housing geared towards all of the professionals who work at the area hospitals, and everyone who works in Albany area in general.

are your getting traveling nurses, business professionals, displaced families, insurance claims etc?

A professional won't go back and forth to try repairs.

These were all professional owners not W2 earners.

Only exception is "blood or flood" emergencies (everything is an emergency to a tenant).3) whatever your tax professional recommends.4) Any way but NOT picking rent up or accepting cash - unless tenant direct deposits to your bank account.5) You'll want to improve your lease over time as you deal with tenant issues.