I've purchased a 4plex at auction before & the prelim title report revealed several items I had to deal with in advance, so I know how important that step can be.

Most professionals don't include large ticket items in their operating expenses which explains the 45%.

For specific items (Foreclosure and Collection Processes) I take classes from Wake Tech Community College.

I am half anticipating that there may be some issues in that I am in the middle of this other deal and traditional financing might not be that easy to guarantee.

I have done the traditional: list on MLS, Craigslist, send listing to other agents with recent sales, the home is staged and really nice in nice neighborhood, have not had many showings.

I'm about to purchase my second rental using traditional means (20% down, bank, blah), but want to acquire my third property faster this time around.

I also bought some new pictures to hang and a few other staging items to add.

It is a way to get financing outside the traditional route.

I just need a comprehensive plan. 1)Traditional savings methods such as Treasuries, saving accounts, term deposits don't offer good returns. 2) Fix/Flip don't have enough potential to reach my goals and its not passive. 3) I've researched companies like Prosper and Lending Club but their stats and no-collateral is discouraging. 4) I like the idea of owning a large multi-family complex debt free.

Three items top the list in this scenario: 1) inquiries to get new loan; 2) age of the new loan; 3) increased utilization.