Your reply brought me back to the bigger picture and helped me see my current status from another perspective.

It does not have anything to do with landlording or how to but rather the nitty gritty of the taxes and how you can maximize your end results.As far as finding and selling, Find It, Fix It and Flip It was a terrific book in understanding how to increase the value of your property upon sale.All of these books and a few others gave me a greater understanding of the various puzzles involved so I could pick the pieces I wanted to form my own puzzle picture (my strategy) and to be honest with you, I hit it out of the gate on my first purchase because of these books, not because of this highway or that highway.

I've found a triplex that is asking for $235k that I don't think will qualify for FHA, but I don't want to take it out of the picture just because I can't afford it. 

. ;-)   Consider this.TO most:Credibility= Put a picture of you on your site.Credibility = Put a picture of your local zoo or another landmark on your site.To me:Credibility =What can you show on your site that could leave anyone without a SHRED of a doubt, that not only are you a real person, but you actually buy houses?

Here is a couple of pictures of the start of the project.

You should post some pictures of the rehab as the place looks amazing with quality finishes and attention to detail. 1. 

Next I make picture frames from 2x4's and a table saw. 

Scott Fey Thanks for posting the picture.

Black and Decker has a great book on dry-walling, with lots of pictures.

Sounds like you're ready and I agree with your thoughts, especially as to financing, I'd suggest you strart studying seller financing and corporate structures to be ready to put things in motion when you find your deal.