Any legal experts what counts for the building year?

I'm just counting down the days till I get all the way moved into town. 

Start with your Spending - EVERY dollar counts - Every dollar spent is a dollar more you need to earn either through a job or passive income - less money spent on lifestyle creep, is less money you need to acquire passively before you can leave the job - Once you have reduced the spending and curtailed the lifestyle creep, and created sufficient rental income  THEN you can live off the rental income and pile up the earned income to reinvest .... earned income piles up REALLY fast when you don't need it for the monthly bills - keep reinvesting and before long the passive income will let you live like a king!!

YTD 2019 I've done about a dozen wholesale and have closed on 59 units making our total unit count 132 doors. 

With a conventional residential (1-4 unit) mortgage, typically, 75% of rental income counts towards DTI. 

Just maybe check your numbers before you count the hatched chicks.

Did you accidentally count P&I twice?

One in NYC, which is free and clear, and four rentals in three other states that I bought this year with a mortgage.Tried signing up for a HELOC on my primary and just got the call from the underwriter of the particular credit union I was using that I was rejected because of the mortgages on my outstanding properties.They will not count the rent of a property until it's been on my tax returns for at least two years. 

Luckily I found some great help locally, a Realtor and handyman, but if you don't have these resources I wouldn't count on Hemlane.

Firstly, you haven't provided nearly enough information for anyone to offer an informed response...I think BP'ers just want to see their post count rise sometimes...Anyway, CAP is merely an imaginary return that folks are willing to settle for...and it's pointless to use when valuing a 3-unit residential property....it has zero impact on value or what you should pay for this property.