My fiance and I purchased our first true Real Estate investment in January 2016.

Your offer should be in writing.You will need to know the present balance, the potential, equity and their true motivation. 

I hope this is nothing but true.

Don't want to rain on  your parade, but success is not in these kinds of numbers and being too aggressive too soon with so little background, you're headed for a great disappointment IMO.Assuming all your acquisitions come true (1,2), you will need a team to manage the units - - heck, you'll need one full time employee to just process tenant applications, and move-in/out inspections. 

This is especially true when it comes to your exit strategy. 

, but it's just not true.

But watch out because some deals are "too good to be true."  

You also might want to hide your true opinions from your tenants.

Those numbers are way too good to be true.

Everything that bank is telling you is true about their bank.