Hi @Zac Shybloski ,Both SFH and MFH have advantages and disadvantages, so it’s up to you to decide what you want to get out of the property acquisition.

I have been suffering from over analyzing and finally getting out there!

I’ll keep you posted when I finally get an offer accepted.

If you don't want the property due to possibility of acquisition, you need to pay attention to the life of the lien. 

Together we would have $75,000 that we do not have to make any payments on for 18 months.I have been looking at and studying real estate for a long time and I see this as an opportunity to finally start investing.

Together we would have $75,000 that we do not have to make any payments on for 18 months.I have been looking at and studying real estate for a long time and I see this as an opportunity to finally start investing.

I own & operate approximately 140 doors myself plus I do acquisitions & property management for investors.

Am I calculating the acquisition correctly given that I will need $8,000 down plus $4,500closing cost?

Finally I interview them to make sure they see their job as a combination of looking after my financial investments, and keeping the renters (aka customers) happy. 

Hey Chris,When it comes to lending you're going to need to understand what you want and where you stand.If your credit is good, income is consistent (2 years), income can support the properties, you have a strong DTI ratio, a strong down payment, good reserves, and finally pay your taxes, usually banks are the best way to go for lending.