Quote from @Derrick Roland II: "but based on my pre-approval"  This is the most important phrase of your post.Where did you get that pre-approval? 

Dialer is $.06 per minute. or $99 add-on for unlimited minutes for each cold caller.

You can 100% use an FHA-203k renovation loan on multi-unit properties up to 4 units. 

Since you're open to markets beyond NYC, you might want to connect with local investor meetups or REI groups in those areas to build relationships with agents, wholesalers, and lenders who understand the nuances of each market.If you're looking to break out of analysis paralysis, maybe start by narrowing down one or two target markets and running numbers on actual deals.

I would get a couple of other opinions on the quotes that are coming in and what you are being charged.

There is a meet-up on the last Thursday of every month.

I'll likely be higher priced on an owner-occupied restaurant franchise, but you've been around the block and have a significant track record.

You can start to educate yourself on the individual components; how much does it cost to paint on a per sqft basis or what is an average kitchen remodel.  

Any answers or tips would be greatly appreciated.1) Is it at all possible to obtain 15+ year financing on MHP?

Hi Leo, its been years since I closed on a HUD property but you close on the property as soon as title is ready like any other property.