I did not realize similar rule exists in Huntsville.  

The refinance R is difficult with a VA loan due to the extreme LTV, so do not rely on being able to extract that sweat equity but realize it is there regardless   FHA loans have sustainability requirements for triplex and quads that prevents them from being purchased via FHA loan.  

We didn't realize the importance of this as we have always just filed taxes based on w2 income.

I realize this may vary depending on the area and market but I’m curious what others are doing generally.

I quickly realized I want to get into bigger deals.

Realize you won’t know it all and you’ll likely learn more once you start.

@Brian Burke this is the case if the LP never realizes the capital gain and allows the syndicator to roll into another deal correct?

I didn’t realize they could manage the contractors.

I started with sending out letters saying I was looking to purchased, realized where most of my calls came from and started driving around looking at places that caught my eye.

I felt the same way as you, but you have to realize there will always be deals.