I wish Milwaukee had a zoning board to limit or monitor rentals.

I have had several people lined up for viewings this entire week (I took advice from others the last time I listed my other apartment and really screened people prior to inviting them to see it, which limited the amount of overall people...thanks!) 

%20 hit for every acquisition is limiting my acquisitions to only 1-2 a year for properties under 170.

Do you want to be ahead of guideline changes limiting your acquisition opportunities, or risk getting that "oh sorry Mr Smith it looks like guidelines changed, loan denied" phone call?

Now that you have exhausted your Low Down Payment Options (Portfolio-Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Be alert, if you time it right you might be able to get down payment assistance/grants (I got $5,000 from a local program and used it to buy my interest rate down to 3.125% which is way below typical market rates for a Duplex).

IE pre lien notice in certified mail.. and filing of Lien within the statutory time limits  .we deal with it monthly frankly.. but of course we pay our subs and vendors.. and we do not do work for others.

Based on my initial research, I may have an International Business Corporation (IBC) that is held by a Limited Liability Company (LLC).

Upper limit is $53k per person.

With decreases in inventory and increases in population prices have continued to quickly rise in the city limits.

Due to their being a foreclosure sale date set we knew there was a limited amount of time to find a buyer which eliminated our chances of finding conventional loan buyers as we would need to do a double closing to exit this deal and this may have taken longer depending on how fast the buyers bank would complete their end.