We may encounter legal issues that require immediate action which may then result in cases where investment requests are rejected.

What are your requirements? 

Here is the number:take over $285000, 2.5% mortgage; $70,000 lien, 0%; $35,000 lien 9%;My out-of-pocket expenses are $40,000, and my rent is $2500.

Again, supply and demand.Lastly, anyone who relied on the tax abatement taxes in their operating expense analysis erred in their underwriting.

It is really difficult to get a good deal from a bank, unless you buy with cash, in a quick transaction, don't require an inspection and buy in bulk.

House hacking can also help you offset your living expenses and gain experience managing a property.Also, building a strong foundation is crucial to you success.

If you are currently renting, I don't see any alternative aside from house hacking where your monthly living expense can be turned into an investment. 

Software does have its advantages but it does require some set up and its another thing to keep track of, if you scale then you will need it eventually and it might be worth getting it upfront.  

Appfolio typically requires you to have 50+ units to on-board last time I checked.

I mean which are the usually requirements to show to lenders?