You don't have the intent and/or the ability to buy, you don't have a contract! 

Most of them had the ability and willingness to drop a million (or more) to finance their projects. 

@Christina TorresIt did not appear that the problem was the assessed value but rather the ability to qualify for the loan. 

Nor does needlessly bidding up your competition without the intent or ability to perform on a real estate contract. 

Take potential tenant-buyers to a RMLO to get pre-screened to establish their ability to get financing in a reasonable amount of timeAs far as seasoning goes, my lender requires 12 months of being on title before they'll cash out refi, whether its leveraged or not.

I think the ability to use seller financing with minimum into the deal in my mind offsets a bit of the below 1% rents@James Syed, built 2009 and 8% mgt fee which I would use. 

I’m looking to go into it with integrity, honest and educated in the field to the best of my ability.

I'm perfectly fine with paying less taxes, but my concern is my ability to cash out refinance my rentals and buy a personal residence this year. 

The ability to borrow a lot on a HELOC may come up but it is difficult to quantify.  

Another caveat: the ability to put that offer in confidently on a grand slam has only come because I have put thousands of hours in over the last 7 years.