It also has a TON of culture and great food because of the population, and lots of community and government support to improve the area.  

I watched the latest newbies podcast which was fantastic and convinced me to sign up here.I'm wondering what some of the best sites are to search/filter specifically for 3- or 4- unit properties so I can practice running numbers/analysis.

Never hurts to get rent rolls and see the property - worst case is you get some practice in.

I'm technically a newbie too, although I've been practicing law in this area for 13 years.

What is a practical way to comply with the form?  

Right now I am in full gear gobbling up podcasts, books, and analyzing on my own the deals the beautiful community on BP members put up for me to practice with ;) I have started networking, and have plans to attend two different REIA meetings in my area this month. 

But there's also the practical matter of right vs. legally enforceable vs. cost-effectively legally enforceable.  

Requiring impounds is standard practice if you're over 80%.  

@ pieces of great advice so far--def. connect locally and practice running the numbers.

I called several lenders and one was 75% LTV, one was extremely slow so I pulled the application, and another was 80% (who I went with).The refinanced property had everything practically new (wiring, plumbing, kitchens, bathrooms, decks, etc.) with few items less than 5 years old (roof, siding, furnaces/AC), but the windows were 10 years old.