Hi BP,I'm looking for some advice, if I plan on going into a few local small banks over the next few months in hopes of building a relationship or two that I'm hoping to need about 9 months from now; what documents should I be bringing along to show my credibility?  

If a client wants to buy a reasonably priced multi-unit that will cash flow a lot, there are very few upper-middle class neighborhood properties where I ran the numbers and the numbers work out well.  

i admit i was kinda shocked to hear this strategy since a lot of what you hear on BP is to find discounted/distressed properties and/or motivated sellers to get a good deal.He showed me some analysis and i ran my own numbers on a hypothetical house and they seem to work, although the returns aren't astronomical, but they do cash flow. 

Also, 99% of my tenants have no idea what a hard vs soft pull is so that's never been an objection for me, nor has anybody ever said it hurt their score when I ran their credit. 

There is just too many mistakes that can be made and are made every day by inexperienced people that will hamper their ongoing progress in real estate.

Financially im broke I finished HS this year and don't plan on going to college I want to focus on Real Estate, but starting out may be challenging because of my financial situation.

While doing this I ran across a comparison of the old FEMA map verus new proposed FEMA map.

Built in 1973, in great condition, although does not have current upgrades.Since I am not yet a PRO user, I based on my rental calculations using great calculators from ListenMoneyMatters.com.SUMMARY:ESTIMATED VALUE (Zillow): $214,714.00 (In line with averaged real estate agent's Comps but slightly more conservative, as I think he threw in a couple outlier properties to bump the average a bit to entice my folks.)PURCHASE PRICE: $195,000.00 (price based solely on the amount left on my parents 4.25% HARP non-assumable mortgage)UPFRONT COST: $50,587.42 RENT ESTIMATE: $1750.00 ANNUAL NOI: $11,633.00GROSS YIELD: 10.79%CAP RATE: 5.98%CASH ON CASH: 5.56%CASH FLOW:ANNUAL: $2760.32MONTHLY: $230.031ST YEAR EQUITY: $2363.49ACQUISITION COSTS:DOWN PAYMENT: $48,641.75 (25% ) CLOSING COSTS: $1,945.67 (1%) *anticipate only using real estate attorney (no real estate agents) for more cost effective deal and save parents 6% commission; do not know actual attorney fee costs for closing so this number is a WAG (Wild *** Guess).MORTGAGE RATE: 4.5% *anticipated MORTGAGE TERM: 30 years ONGOING COSTS:PROPERTY TAX: $1,927.00/yrPROPERTY INSURANCE: $300.00/yr PROPERTY MANAGER: $175.00/mo (10%) VACANCY RATE: $350.00/mo (20% vacancy rate)MAJOR/MINOR CAPEX: $175.00/mo (10%)HEAT/AC: $92.00/mo (Averaged)HOA: $420.00/mo (has remained approx. $420.00 for decades; although the HOA just hired a property manager for the first time last year, but so far no indications of changing HOA fees)Notes:Rent estimate: $1,750.00 (local property manager assessed realistic rents between $1600-$2000+ per month on long-term lease or as vacation rental $140-200 a night/minimum 1 week stays).My parents are open to any type of creative financing deal, that would free them from paying mortgage (their current monthly mortgage payment is $1,000.00 (+ $420 HOA).

Both units are 2 bed, 1 bath rented out at $550 ea.Assuming 8% vacancy, 10% CapEx and 5% ongoing maintenance/repairs, I have cashflow at $110 per month.

Stinky garbage disposal - are you aware that without proper and ongoing cleaning garbage disposals can emit a foul odor.