I run the largest investor group/meeting/meetup in town and there are plenty of folks to connect with to support your investing and hitting your goals....it's just a matter of being pointed in the right direction.  

BTW, I used a elderly neighbor keeping an eye on a triplex for some small compensation, and over the long run, things that he notices because he's on site that I can't would save on fines, lawsuits over slips and falls etc.

Once offer is accepted they will use inspection period to run numbers and make a decision. 

An FHA loan should be more flexible with your debt to income ratio and will allow you the lowest possible down payment on multi family property. (2 - 4 units) If you are still running into a wall after that I would look at either seller financing as mentioned above or find a deal so good that friends and family want in on it.

You could do something illegal and that could get way more painful if you run into a smart tenant

It allows for you to run your P&L reports & balance sheets on a property by property basis.

Even with my BiggerPockets Super Powers, I have run out of Votes for @Brian Garrett on this thread.

I asked about a FHA 203 k loan pre-approval and he just gave me the run around about how I’ll pay more with that loan.

The NOI is $466,000 for years 1-5; $404,000 in years 6 forward (after tax abatement runs out).

I also know that many people did not trust banks at the time, because they were all run by white people.