$100k x65%=$65k - $15k = $50k MAO [max allowable offer]If it's a rental - it varies on the area and the rent amount.  

Seems like a good way to get your feet wet, get in the game, and start saving up for the next one.

Since our relocation to middle TN, I have been busy sorting several things and I am just unpacking my office boxes - I will add a few more recent deals of varying types and structures and if I still have them, maybe some pics.

I did a "1-12 months out, let's set expectations and get a game plan going so we can jump on it if a great property happens to pop up" face-to-face meeting just today - Say hi @Tihanna Mccleese. :)#2: Nope, shouldn't. #3: It depends on what your tax returns will say, tbh.

I am 24 and new to the investment game.

I got my 14 year  old son in on the game, and told him to start sending letters to multi-fam owners in a two mile radius of our house.  

The first 2 sections are about the restrictions behind the rules but section 3 is about the proper method.Now, if you are seeking a non-Fannie/Freddie loan (portfolio or commercial for example) then the rules could vary widely.

I have picked up houses and land, easy to sell if you are game.  

I can't win if I am not in the game. 

Then I took out a workman's comp policy from my same agent.Regarding the workers' comp policy, and since it varies greatly by state, how did you get a policy without W-2ing?