I’d love to learn from all of you, connect with like-minded people, and eventually achieve financial freedom together! 

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

DM me if you want to connect.

HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."

Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.

It may feel cumbersome, but their diligence reflects the level of security and service you can expect once onboarded.

Always happy to connect and learn from others working in this market.Looking forward to hearing what you think!

If you'd like to connect more, DM me or respond here! 

If I’m not mistaken you put around 50% down but I can connect you with a lender to get better info

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