One last question, and again sorry for bombarding you at this time at night, so if I was to take out an FHA loan, the 3-5% down payment would fall under acquisition and the mortgage for the year would fall under the expenses right?

(figurative saying, that we will drown our swim to solid ground)PS  -They denied that last offer.  

Ask for financials on the properties for the last two years and start poking holes in the numbers.I don't know a damn thing about commercial real estate, but like everything else, getting to a point where the data you are looking at is close to reality is the first step.Good Luck!

My struggle I have had is that I am self-employed (realtor) and unfortunately I wrote off to much on my last 2 year of taxes and so my DTI doesn't look so good now.

The last time they sent an email out and asked for a firm price.  

Quit my job last year (no commute!)

The final hearing lasted about two minutes. 

I want to get back on here and add value as I'm still a "novice" investor but the last 5 months have been extremely educational.

When I expressed my concern to the old manager last week he said he deserved a chance to get filled.  

We have a high income and paid an extra 40k in taxes last year... we are looking to find a way to avoid his this year.