Once upon a time it meant buy a 2-4 unit with 3.5% down FHA, and the other units would fully cover the PITI - that "orthodox" or "fundamentalist" or "original meaning" approach is mostly dead (markets find equilibrium, supply and demand). 

I recently found a property with about 43k in back taxes.”Maybe they meant income taxes?

It’s a fluid market.

I assumed this meant LOAN TO VALUE, but after getting in touch with some of them, this is deceiving.

Marriage for me also meant moving to a new market and a new W2 career.

By under contract, I meant tenants in an active lease so I can see what they paying in the area vs. asking prices only.

This forum is to educate and it's a fluid process, when I want to add things I say in addition to, you can also, start with this group first, I would like to add and so forth.

By conventional loan, I meant an regular investment loan through a normal bank, with at least 20% down, instead of through private lending.

I meant it as a way for the HOA as a whole to be more flexible. 

I did this because I realized what it meant to borrow someone else’s money.