Losing money but created a ton of equity.

I tend to agree, I hate to lose all of my passive income just to eliminate my primary mortgage. just out of curiosity, what makes you say that an HOA is a hindrance?

If not a rate and term refinance into conventional loan will help you save more on your monthly payment because you lose FHA MIP.You are allowed to put up to 10 properties on your personal credit.

If you try to go over the whole list, you’ll lose the attention of an average person and they won’t remember anything!

The purpose of a landing page is to quickly and effectively convince a person who is genuinely considering selling their house at a discount to leave their contact details so your acquisition agent can reach out to them.Anything that hinders this process will ultimately LOSE you money.

So...am I shooting myself in the foot if I buy an investment property now (out of state) to begin my real estate career, and lose out on the ability to use an FHA in LA down the road?

They buy at deep discounts and have economies of Scale to be able to wait out the time when Homes Prices and Rent Prices must rise eventually.It's a lose-lose for Mom and Pop but a Win-Win for Big Money Landlords.It's the complete opposite of what the Liberal's intentions wanted and they will fall into self-delusion that it's a Conspiracy of the Rich.

There’s also the added pressure of not wanting to lose out on a property, which makes it harder to justify putting up serious money before going under contract.On the other hand, if such a system were standard, it might push sellers to be more transparent from the start, so buyers know exactly what they’re walking into.

It really based on you but if you are familiar with running comps and understand the market value of your home than you could run the risk of losing money.

Forgot to mention that we do lose renters sometimes due to this.