Simple and straightforward

Hey Bill, congrats on getting started.It’s simple, I’d do something low money down to be able to keep your money for reserves or the next one, so FHA is a great option up to four units.I did my first few this way and moved each time to get the property and loan.

Also if you may know anyone in the Houston area I can talk to and pick their pockets haha. 

Absolutely no cash nor will I drive around town picking up checks!

Verifying the legitimacy of the bank should be simple.

They make more money on simple replacements where some of them avoid this work. 

The tenant is still living in the apartment and not picking our calls as we tried to work out.

The closing specialist picked up right where the ISA left off and focused on building a relationship.

@Neil Haven a four unit property will qualify for many commercial programs, which may be the way to go.With a commercial policy, you may have more flexibility with choosing the building limit and can pick and choose which coverage's you want.I would suggest calling a local Independent agent. 

As I'm trying to pick up a multi-unit I wanted to evolve a bit on my deals and try to get under an LLC but I'll definitely discuss with a lawyer to see what other options are out there.