Pretty standard practice in Detroit Metro these days. 

I've spoken with a few banks regarding their lending practices for single family buy and holds along with rates, and terms.

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%.  

And of course, getting over the hump to do my first deal while simultaneously getting my own place at a discount to the going rental rates of the area.What do you think?