The other banks have said something else ranging from that they'll require 25% down for a fourplex to that they will look at the income the property produces and not my income.Some more background: I have a credit score that ranges from 769-799, I'd have a debt-to-income ratio of about 31% (based on my personal income) which I'm told for FHA is a very safe/good number.

You may have different criteria for what would make you interested.From your post I am gleaning that the property would be producing $400/per month in cash flow or $4,800/year.Assuming you put down 20% of $190,000 = $38,000, you are looking at a return of invested capital of $4,800/$38,000 or 12.63%.

I have been reading BiggerPockets for several years now but recently decided to jump in feet first.I am not a complete novice to Real Estate investing but I have a very long way to go in order to fulfill my dreams of giving my family the long term income and security they deserve.I firmly believe that Real Estate along with a balanced portfolio of retirement accounts is the only way to go.Real Estate has always been a passion of mine, to learn my craft and acquire as many income producing properties as possible.As of recent and what really got me into high gear is that my first baby (girl) was born 8 months ago and I want to provide for her future unlike mine.Now I have this new hunger, direction and priority in life and have decided to commit myself 100%I know this is going to be a long process and am very ambitious and having a newborn is a powerful motivator to learn and create wealth for my wife and baby.A little background on me…I am married and have a 8 month old baby girl.

If your goal is financial independence (having enough income generating assets that produce enough cash flow each year so that you can afford to live the way you want without having to work), then must first accumulate the income producing assets. 

There are plenty of MFR that produce.  

Considering they do offer unlimited training, and their CEO is indeed an incredible investor who encourages investing throughout his company, I have decided to stick around.

I think I have it all figured out, as I have found that she reduced my usable sq/ft by 500 to account for my common areas, but did not do this for the comps, thereby producing an inaccurate price per sq/ft.

If anyone also knows of anyone that's actively doing flips or rehabs in that area that would also be incredibly helpful as well.Thank you in advance for your time and consideration.

I think it is also misnomer that more affluent neighborhoods produce better tenants, that is not always the case.

They produce a group of "Newbies" that keep the purchase prices in an unprofitable range for more desirable projects.