Our opinion is that an R/V ratio of 0.7% is a minimum with an ideal number closer to 1.0%.  

The broker was talking out loud about a 2nd mortgage, but said it wasn't ideal. 

I deal with a management company who offers reasonable referrals to me for finding them properties to manage. 

I'm not in an ideal situation as far as my career is concerned and I'm not content on settling.

I'm hoping to find a property that is at least 10 percent undervalued, ideally a duplex, where I can sign renters on a year-long lease immediately, so that in one year I can move into another similar property and show the year's rental income as payment for the property's mortgage so I can buy another property in a year.

I believe this is necessary so that I can acquire investment properties to cash flow and ideally get deals by acting swiftly.On these lines I have several questions in regards to hanging my license and if it may be to soon for me to try to do.

I'm looking for rentals so ideally multi-family and since I'm remote nothing that takes too much rehab.  

100,000 for the areas I am looking at would be so ideal. 

James Wise correct me if I am wrong but you need a relator to get listed on the MLS is that not correct.Joshua Dorkin you are right this is one of the biggest but we both know it never hurts to reach far and beyond to get that ideal buyer.

At the same time, 3 other banks I deal with don't care about the seasoning because of the relationship I have built with them.I suspect you are dealing with smaller properties/loans, likely <$1,000,000.