When we worry we tend to manifest our fears rather than our desired outcome!

So get ahold of someone now, get an application in, then have them lock whenever the rate hits your desired point.

I'm also hoping to earn the respect of a local mentor, patient enough to help me learn and earn in the business.

If you want to buy MF in a desirable part of town, you're looking at caps of 4-5%.  

Thanks for the input, I hope to (L)earn much from BP.Samuel Hall 

Have the paperwork ready to prove it's all legitimately earned & taxed just in case.

Long term, if I hold both properties, I don't know for sure but I'd bet that the Glendale rents and prices will go up faster than Lancaster, as it is more central, more desirable, and has a better job base ...

I earn a comfortable six figure income.  

How to know what strategy to apply to be most efficient at contacting tax delinquent owners who truly have no desire to keep their properties and who have property that does have value exceeding the tax liability.

Now my question is where do I go from here to finance my next income property, being that my w2 job won't be as desirable to banks for financing.