It IS possible your standard is unrealistic.I have reviewed thousands of applicants in all income levels, and in some of the very poorest and crime-ridden neighborhoods in my cities, and while it can be a challenge to get someone to qualify, it is achievable.

I have an equity partner who is willing to put up the capital if I just manage it...then we both split equity & earnings after his 10% required return.All I've had to this point is residential single dwellings....taking a known calculated risk with this 8 plex but I'm up for the challenge.

In fact, several of us have personally challenged many people who came here to fleece newbies with strategies that were bogus and information that was incorrect.

I know in some places you can challenge property taxes.

My main challenge is the crawl space that reeks unbelievably of cat urine.

- Comparables won't do anything for you because this is such a unique situation.

Coordinating them long distance and getting a lockbox on the property can be a challenge.

As real estate investors, we are a very unique and independent group.

Ah the ole Fannie/Freddie limits, oddly enough I was at a meeting today where we discussed the proper way to invest to avoid that challenge.

It is a unique niche that they have found.