I stayed strict on my requirements the 2nd time!

Obviously this seller strictly wants to deal with agent to agent to buyer  in the sale.

Some months I'll have $3,800 in cash flow; that is cash flow strictly from my current job after expenses.I've been listening to Bigger Pockets YouTube Videos, as well as VIPFinancialEd, and Rent LIke A Prop for the past eight months.I've been taking notes and what others have done, and now I'm about to make it happen myself.Any and all advice would be appreciated.I look forward to joining the rest of you on this journey to financial independence...even if I happen to be a late bloomer taking an awkward and difficult path to getting there.Cheers,"Makiing it happen" Matt

The income approach only matters on 5+ unit properties in terms of valuing them.Anything 4 units or less is considered residential and is valued strictly based on comps.

One of the reasons was that the criteria became more strict (applicants had to have credit scores and jobs) so less people were qualifying for loans. 

Even when you know everything, with limited resources and strict criteria you will still spend a LOT of time looking into many many potential opportunities before you buy even one. 

The reason most reputable list companies don't have phone numbers is that they strictly adhere to the Federal Do-Not-Call regulations.

I make it a daily routine to read the local paper, it has paid off very well.Best of luck! 

The inspector was very strict. 

I routinely used this delayed financing exception and it works great, but be prepared to educate your lender about.