The third is still in the game but taking his sweet time gathering documents, cleaning units, etc.

What is sweet spot for first investment? 

@Tyler Holmes,I BOUGHT a sweet wholesale deal from a wholesaler in Oakland.

HML generally don't do owner occ.. this is a fabulous strategy though to use your FHA loans on .minimal down fantastic interest rate and if it works out right you live in a unit at no cost to you.you need the 3.5% down plus closing costs.. you need decent credit mid 600's should do it.and you need steady w 2 income with your DTI in the right spot and your home free.if your intent is to use HML because you think you don't need any cash to get into the deal or you have poor credit or income.. then your wasting your time.. only way to get into a deal in that manner is to sweet talk an owner into owner financing it to youor getting a money partner.

Because of that the sweet spot for down payment typically is 20% down.

Very sweet how love for your new wife propelled you into a Navy career, and it's wonderful to see how you've made the most of it.Regarding saving, I have a dear friend who saved up $100,000 during a 5-year enlistment that included a tour in Iraq and a tour in Afghanistan.

Figuring out the sweet spot just takes experience.Remember, you are providing them a service.

Could get tedious to write 40 letters, but I could make it short and sweet.

You're looking for that "sweet spot" between rate and costs where you get the most bang for your buck. 

Sweet, nice work.