So I made my first offer today a guy said he had a lake front home that was for sale for $169000 but the surround area not even the nicer houses were sell for that so I stuck to the formula and he said no BUT it's like the best day of my life because it's my first offer and all I did was try.

You will likely get several different opinions, but you should take the best answers that fits you and your current stage in life and the direction that you are heading in.

I'm looking to build a solid REI income that would allow me to take my life back from a schedule standpoint.

Its why most people only last on this site for a month or in real life never do a deal, and blame too many investors in the market

What areas would you recommend and what style of housing is a good buy in our market?

My passion is getting people in a house (life on the right track) they can call home (Loving your family).

I have drawn plans for town house style apartments that can go from a duplex to 12 units.

While the same lending alternatives are available since the economic recovery gained traction in 2012 – Fannie Mae, Freddie Mac, conduit lenders, banks and thrifts, and life insurance companies – each lender offers distinct advantages/disadvantages as it relates to loan structures, interest rates, closing costs, servicing, and their responses to the whims of the market.

As you keep mailing them over 6 months a certain percentage will encounter changed life circumstances that will move them into the very small group of motivated sellers.

Conventional, Fixed Rate - Typically 15 or 30 year loans which have a term that matches the amortization, meaning you make the same payment for the entire life of the loan.