Explain all the other variables and that it's because you're new (nothing wrong with that as long as you're analytical) you want to stay safe and conservative in all your estimates and are uncomfortable operating on razor-thin margins - all these things justify your offer.If you think of yourself as someone unwilling to compromise your integrity or business model, there won't be any hard personal feelings whichever way this deal goes.

Hurry, slots are filling up fast!

And watch out for the crooked sharks...they see $2 million on a public forum and they start circling.

EarplugsWhen she bangs at 2am, put baby shark on at the highest volume wile wearing your earplugsDo NOT bang on your ceiling, had a tenant do that and the plaster ceiling fell in!

I also have to imagine that with that many houses, it snowballs and you can start quickly paying off some of the initial mortgages to open up slots?

-Maximize those early mortgage slots: get as many doors as possible for the smallest amount of down payment. 

This was during the time where people were afraid of things like folks hiding razor blades in Halloween candy and sneaking poison into over the counter medicines.

Be prepared to survive the Bigger Pockets 'shark tank'.I'm grabbing popcorn.

So when you sell one, or pay one off, you free a slot up.5) Portfolio, it's all a trade-off between interest rate pricing and difficulty to get it.

Lot's of gurus and sharks in the note investing waters ...