Glad to have you on here.Advice for this site...1) Set up keywords for your area and interests so that you're notified when they're used and then start interacting.2) Read through  The Ultimate Beginner's Guide3) Go through applicable blogs and forums as there are a lot of great resourcesAdvice for REI...1) Pick a strategy and study up on what you need to know/do for the 1st step and then do it, then repeat for all following steps until you have completed your first investment then repeat the process and keep learning.

Young applicant is an out-of-towner who's fresh out of firefighter school.

They also absorb many expenses that the tenants could take on, such as a few utilities, background checks for applications (they pay a lot for this a year), and damage out of deposits at year end.NOI under new management could near 70k with savings for 7% vacancies, 7% repairs, and 4% CapEx (due to many apts in just 2 buildings).I'm interested in trying to figure out how to schedule a payback period in excel, if anyone has number crunching experience with that for 1) the loan, and 2) the investors downpayment.

Most FHA lenders also offer Fannie Mae and Freddie Mac for multifamily applications.

How long did the process take from application to approval?

Some of the free options even have websites and digital applications included. 

Last house we did CL and signs and has 12 applications in 2 days.

So now I am seeing the same type of wages/applications today as I was seeing 5-6 years ago.  

@Dawn Quinn so you just go in LinkedIn and search for your applicant's name to see if their jobs on the application match their jobs on LinkedIn?

Anybody with experience with this kind of application care to comment?