It's not to say that you can't lock something down with an FHA loan, but you have to be smart about your approach and be open to compromising.

I like that compromise since it doesn't delay closing if all else is good-to-go.Here's a quick example of an appraisal photo that shows no trim in the laundry room.

If the lender defaults, will the fact that I purchased the loan as an individual with no licenses compromise my capability to collect/foreclose? 

Later we defined those as protected classes for discrimination.The challenge, then and now, is equilibrium and limits.The founding fathers, the federalists and anti federalists had to make many compromises to create and govern a country.

In the end now that the deal is off I’ve realized my new deal is much better and it’s likely better that I did not compromise.

Some compromise in the middle?

If higher cash flow is what you want, you need a higher cap rate city but thus need to compromise on volatility.

To make a lot of money as a PM, I think you've got to make compromises that I'm simply not willing to make. 

You have to give more weightage/compromise in one over the others, to find the right home.

And there’s legal risk, the risk that either through insufficient documentation, or adverse court decisions, the creditors ability to obtain ownership of the secured collateral in event of default is compromised.