If you want to be in this game for the long profitable haul you need to make sure your properties align with your numbers, otherwise when the market hits a snag you may not be able to come out of the trenches in one piece.I remember when my husband and I went to bid at our first auction sale (we had attended several auctions before to get a feel of the atmosphere) I had an excel sheet for the property I was interested in and detailed profit/loss for every $5k increment of bid.

Don't stand on the sidelines while others play the game for fear of failure!

They have plans to hold these properties, upgrade them and build a potential 18 unit building.They are very new to the real estate game although they've managed these properties that has been in their family for many years.

We should meet up sometimes and discuss game plans, strategies we've learned, etc. if you want.

In the past 2 days I have picked up 2 more new buyers with net worth exceeding 10 million.If you are a buyer the deals are there but you can't play games.

Video games have been a fun hobby since I was old enough to grasp the Pong controller but I suppose I've reached a point in life where I'm looking for something more and considering the future of our family. 

The actual Fannie Mae guideline is below: I hope this helps anyone decide to get into the rental game.  

New to the game , anyone in el paso tx doing the same.

Sounds like that LOC has been a game changer! 

I know appreciation isn't the game out in the mid-west (Wisconsin, Milwaukee specifically), but we have family out there and our personal situation makes it a little bit easier.