And they are selling because they have a home loan with the 'VA' and since it is taking up a slot of theirs, they want it gone.

Not necessary for this post, but we were hoping to use our FHA slot there.

By obtaining multiple financed properties you could be using up a few of your slots out of the 10 available under your name.Commercial banks can do blanket notes which have less favorable terms (3, 5, 7, 10 yr balloon usually) and rates will be a bit higher typically than conventional.A lender who packages all mortgages together in one transaction could underwrite and order docs on all files at once (3 set of docs, 3 mtg notes, 3 trust deeds etc) for signing so could be very streamlined.If These properties are to be held for income producing purposes the least expensive money with the most solid 30 year fixed terms with be conventional financing, but even with conventional there are pros and cons.

Melissa  in my mind on the west coast house hacking four plex's as a young up and coming investor is probably one the best things one can do.. use your 4 mortgage slots for 6 units over a 4 year ramp up and get the best rates and best leverage. 

I haven't had any issues, but the one set is getting a lot of use... we are finishing a renovation and figured it would be good to have another on hand... like playing the slots and always winning.I am still waiting for the tenants to complain about one or the other using the machines too much (aka sinking to much cash into my pocket) but hasn't happened yet.

Video game creators hire psychologist now to design games based on demographic profiles (everything from gameplay to colors on the screen).

@Sarah S. Lot

I would add turnover (costs and how to mitigate), a step by step eviction process for your county so a landlord is confident enough to do it him/herself without a lawyer, accounting basics and how to maximize deductions, and I would recommend building in large time slot for Q&A

I do open house appointments but make it clear that if there are no confirmations for a slot then it will be cancelled.

They just want to help people, so they are going to give it to you for under $3K, but only to a very limited amount of people, so you better hurry and sign up now before all of the slots are gone.