@Ryan Dossey First i have to say, great podcast.

@Ryan McGrath I think your first concern is to make sure it's a legal rooming house or to understand the steps that it will take to make it one - which I'll bet would include things like extra egresses and a sprinkler system.One incident / phone call / police visit where word gets back to the building inspector and you might find a big red "VIOLATION" sticker on your front door.Next, I'd want to do some forensic accounting. 

Your choice. 

So I’ve finally made the choice that I will not be attending college and rather just work and save up for my first rental property.

Brian is right on; Marvin Integrity is an excellent choice - it's firber glass, which is superior to vinly in many ways.

Where do you see markets and assets that are of "like kind" where you have the choice of 40 units renting at $500/month or 20 units at $1000/month?

To me this is a very clear and easy choice - sell. 

or do you like to meet them first before talking numbers i see pros and cons in both choices which method do you prefer and why?

That’s got to be the worst choice of lender right after quicken for investment loans.

Because of all the government buildings in Richland (USC, State Gov't, Local Gov't, Fort Jackson), the assessor has no choice other than to tax the landlords into oblivion.