They told me I should hear back in 10 business days.

We sometimes get incentives from our wholesale lenders based on the volume of business we do, which get passed to the borrower. 

According to people who study the stock market, there is a common theme, "buy the rumor, sell the news."

I'm currently looking for more resources so I can see how real people are finding and closing real deals and what are realistic and possible cap rates and cash on cash rates. 

There are just things that people do or they do better than others. 

From my online research the prices are too high and pretty much a not so ethical way off doing business.

Hi @Ellen Feiss I agree with @Ty Coutts that you should start with informal, friendly, face-to-face conversations with the tenants to establish rapport, especially as you have some lead time here before next April.People don't like surprises or having to scramble, so if you are able to let them know your plans in advance, if they are reasonable people they should appreciate the extra lead time.This is especially true if their rents are currently very under market - they will have sticker shock when they look at what other units are renting for, and have to spend more time finding a new unit (if you'll be asking them to leave).If you have to move into one of the units yourself, I'm surprised you (or your lender) didn't make it a condition of the purchase and make the seller have the unit vacant for you.Sooner or later in rental real estate, you will have to establish a relationship with an eviction attorney.

My father is in the home improvement bussiness, we just had a hail storm pass through that damaged peoples roofs.

I am trying to get a loan to buy an investment property, and they have been contacting me, but I am not sure if it is worth going forward or not unless someone has already done business with them.

As much as I'm aware State Farm stopped doing business in California epically new policies.