They have excellent closers  whose job is to get you to go to the next level.  

What I am saying about being too price conscious is that I see exclusionary language added to a policy, or lower coverage forms (basic vs special), or lower coverage levels, added onto clients that use price as their #1 differentiation in insurers. 

At a very simplified level, assuming we have to put 20% down for bank financing, that gives us firepower to buy properties between 150k-200k.

There are a lot more examples about buy and hold you can read about and talk to people about so that helps with the 'comfort level' for newbies, too.Yes, I am trying to do something different on my next deal.

Rishel Consulting Group conducts such audits and our auditors have observed a variation in the level of understanding on the part of our clients regarding, among other things: § the comprehensiveness of the AML Program, what information requires a SAR filing, § the obligation of filing a SAR in a particular instance, how and when a SAR must be or should have been filed, and the extent to which employees are adequately educated in Bank Secrecy Act mandates.SAFE HARBOR There are some features of filing a SAR that have stirred controversy and provoked litigation over the years, especially in the areas of the “Safe Harbor,” limitation on liability, and notification to the suspect of a subject SAR being filed.

I am nervous that despite a good credit score, a good job that pays 120k a year, and tremendous cash flowing properties, that I will encounter resistance from banks.  

If this is a really low-level, d-class property in an inexpensive market, you may not have the margins to replace the flooring and the sale price difference may not cover it.

He started his own business two years ago and is doing very well, but as most of you know small business owners pay a lot in taxes so right now our income level does not look very high.

I'm interested in learning as much as a I can and connecting with some locals of varying experience levels.

20 year guaranteed level term would be reasonable to look at.