I think you hit the nail on the head when you said "...and I think it helps prevent problems when they understand the myriad issues involved in its use."

In Sept I'm still waiting for an official announcement and legal documents to be provided.My second investment with them is also on the verge of failing with the property heading for foreclosure.Best of luck, Cheryl

Take a look a look at the RPAWi. org, which is our local non-profit landlord association located in Milwaukee.

Thanks for the heads up I didn't see those other posts.

Hi Jake-Thanks for the advice- I currently keep photos of all recipets and have updated excel sheets with all costs associated to each property.Organized for now - but as I make moves to scale a bit I probably could use a CPA who knows real estate finance.Respectfully

In terms of the down payment, that 75,000 includes all of the additional fees and associated costs and such as well.

I will be applying to schools this upcoming summer, interviewing in the fall, and, Lord-willing, finding out late fall where I will be headed. 

Just looking to get a head start I guess you could say.

The only interpretation of what the Federal Reserve Bank (the head bank) is saying, is that "banks credit depositor accounts and lend the deposits".

I know the cost associated with a DSCR is much higher than with a Conventional loan but the commercial zoning may be problematic for Conventional.