I don't do that one with subs tho, but then again it is a government contract that i mostly deal with.

Rather than approach it with a "build from there" mindset, write out a 5yr-7yr plan and start working backwards.Also, at those level you have to start thinking syndication and SEC regulations, if not already.Good Luck!

It's a very landlord friendly state, and the state government itself is among the highest in terms of financial stability.

That is how I was taught and am still doing while building up to larger assets.You also have significantly more supply of properties to choose from and can use the government backed loans initially to get started.

For all you bears, consider this: the real estate market in 2008 is less regulated than it is today, and barriers of entry as an investor or homeowner are higher than before. 

They will also make sure that your contract complies with local laws and regulations.  

The government takes a part of my check for child support.

I'm not saying a lack of checks and balances in government will lead to some kind of simplistic doom.

This won't be an owner-occupied property.Few of the major banks I talked with said that minimum for multi-family is 25% down, which is governed by Fannie Mae regulations.I'd appreciate if you can recommend someone who can do this type of loan and close within 45 days.Thanks!

UNLESS you personally live in that property, you are operating a ROOMING facility and come under the State regulations for Hotels / Motels ....IMO, think again.