Let me add this to give his point just a bit more clarity: if the property has a "Queen Creek" address (no matter what the ZIP code is) make absolutely sure the property is in Maricopa County and NOT Pinal.

Point of clarity that might make the 70% thing moot: you know that after six months, current appraised value can be used to determine LTV, not purchase price, right?

There is are a couple of key areas that I am still trying to get clarity on:1.

Do you find it hard after several properties to maintain accurate comings and goings of finances for clarity?

It brought me a lot of clarity. 

@Hilary StalderProblem with foundations, it's easy to make a decision when you have clarity on the problem and the solution.

Writing a business plan even if it's just in outline format is a valuable exercise for the business owner to get clarity and analyze numbers for profitability and cash flow.  

@Evan Parker You raise a valid point but before looking for deals, I would urge you to start educating yourself by learning about your preferred market, connecting with investors/brokers/lenders and doing your due diligence.This will take up time but also provide clarity.

I am gaining some clarity.

And for clarity, the banks have all been smaller, more community-type establishments, the majority of which are keeping their loans in-house.