See this post http://www.biggerpockets.com/forums/12/topics/106303-establishing-a-plan-at-the-beginning

I greatly respect the innovativeness, courage, and ingenuity of those who are able to succeed in real estate and aspire to one day join that elite group.I currently own 2 investment properties and hope to acquire one multi-family property per year over the coming years.

@Sam Craven - I respectfully have to disagree.

I told him respectfully, "I conceded to your price.

Once that’s established, the lender will reduce that amount by another 25% to determine qualifying income.

I hope to establish a good track record and foundation early on, so i can soon start my own investment's as I build my own real estate business.

I found the episodes that featured Ben Leybovich and Jeff Brown particularly suited toward my goals.I have a lots of respect for the members here.

Hoover didn't help much either.Seems "It was the best of times, it was the worst of times" always applies, not everyone agreed with Kennedy, but everyone respected his leadership position.

They were both courteous and respectful and let me know that the tenant on the lease is at work right now, I left my phone number for him to give me a call asap.My plan is to have all 3 tenants fill out a new rental application so that I can do background checks, if everything checks out, I plan on Jan 1 having them sign a lease at a higher rent.

Of course you are putting this under contract for the price we established above.