Banks need 2 years of rental history to count the income toward acquiring the next.  

Acquire 50 units this year2.

My properties also have appreciated quite well and I hope they remain that way.So for a MF, I look at more of a cash flow instance to acquire more funds for saving and purchasing.I'd say your have a good deal relative to the all in cash and cash flow you would be getting.

Hi everyone,Right now I am in the process of acquiring my first property and I am still without a Closing agent/title company!

Depending on your income, DTI, and work history you could approved for a decent amount and acquire rentals over time! 

I'm currently looking to acquire more properties in Palm Springs.I look forward to networking and meeting other like minded investors!

Does anybody have experience in acquiring off market 2-4 unit multi-family deals?

@jennyduclair The answer is to find deals that you can acquire for a discount and then force appreciation - if you are willing and able.

Take a look at HUD as a source of properties...Here in Florida you can usually acquire for around 70% or market value.

I'm probably the only idiot that applied for permits and did all the work to code...Next year, I plan to acquire more NH properties and less Vt properties, though I bought a couple of high profile Vt properties in town, (both made the newspapers, the school was the front page headline story) so I probably won't realize my plan to make NH my primary residence as they hove no state income tax...