Other factors include large corporations and non-profits dumping money into the local community.

As with anything, you'll find people successful with it and some that are not successful - the factors above are what is important.Since you are using an IRA, make sure you have enough reserve funds in there to handle up front expenses or unexpected repairs.

I know of a community bank up here that has done 80% LTV on refi’s for multi-unit properties but again the rate and terms they offer will be vary based on several factors. 

Lots of factors that will impact your #'s. 

I still get emails each morning with listings. 

Also, sustainability is a factor. 

You and I also know that the most important factor in deal success is the sponsorship group, not the property.

I have bought and continue to read a number of BP books and spend every morning on the commute to work and on the treadmill at the gym digging through the podcasts.

This morning I received photos of pittbull poop on the hallway in front of the second floor apartment which I swiftly forwarded to the mother.I do not want this tenant at all as I can totally relate to what the third floor tenant has expressed in some of her text messages with former owner.

Because most often those are the factors that prevent you from getting a mortgage.