Once you do this long enough you learn to limit the options that you give and make sure you are in control the entire time. 

Working on a loan with them right now, and they are very understanding of the limitations on some properties. 

Not only will it limit how much money you will receive but your rate will be HIGHER too! 

As far as auto limits to qualify for an umbrella policy the 250/500/100 is standard.

(Of that 25%,  minimum for General Partners would be 10%, Limited Partners 90%).Debt = 75%. 

the duplex triplex small multi market in houston is very limited and usually in C class markets. 

I’m starting from very limited knowledge, however I'm eager to learn and looking forward to getting started!

His plans were approved by the powers that be.I was looking at adding on to a 2nd garage in Washtenaw county and the most limiting factor is the county requirement that it be at least 20 feet from the property line.

So my biggest question, for a guy that has very limited experience in the real estate, is where should I go from here?

BP,     After 2.5 years of studying all things REI through this wonderful website and searching high and low....my wife and I finally purchased and will owner occupy a two family property and can not be more excited.