Questions/opinions on: (1) one property or several, and (2) whether to buy outright or put large downs and then supplement with mortgages.

Extra set of eyes, second opinion and diversity of your own investments

If you signed a 3% buyers representation agreement and the seller is only paying 2.5% and nothing more then just ask that your agent amend the buyers representation to 2.5% so you are not on the hook for the last %I will say, some agents are VERY strict and won't budge from 3% fee which in my opinion is kind of ridiculous.If you are my client and the seller is only paying a 2.5 % fee I won't ask you for the additional 0.5%.

Does this change your opinion? 

That's just my opinion, some will say with the right deal go get that 100 unit deal

This is going to be "City Specifc" in my opinion.

Best wishes I did not do a full appraisal, just brokers opinion to get the PMI removed which was the goal.

I don’t believe people or even care about their opinions unless they are acting on them.  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.