Big news!

Sounds like good news to the MF industry. 

I live/work in Honolulu, HI, but I own a single-family rental in Newport News, VA.

The good news for you is that 0.25% to rate on $75k borrowed is about $16 per month in interest.- Investment property appraisals, multi-family in particular, are more work than vanilla owner occupant SFR appraisals, and appraisers do charge more.

Here is a great article from Realtor.com that gives great insight on the best markets for real estate investors. https://www.realtor.com/news/real-estate-news/best...Your $100k-$150k will allow to acquire 1-3 properties at a discount that cash flow well.

Hawaii (in case you're considering flipping here @Brandon Turner) was the worst.National average for 2nd quarter was 48.4%, which was 1.5 lower than same time last year.Here's the full article: https://www.bizjournals.com/dallas/news/2017/09/14/dallas-among-worst-cities-for-home-flipping-report.htmlFor DFW flippers (and others), how accurate is this report?

Now for the good news: if you're simply acting as a rental collection service, or Contractor who handles repairs - you're fine without Licensing.

Then I hear news that Freddie will no longer allow lenders to contribute grants to reach the 3% down payment requirementI am looking for suggestions to overcome the down payment hurdle.  

That's great news.  

September home sales down 3.8% and Apartment and Industry investors stocks rise.This is another incentive for SFH's to maximize cash flow and not count on appreciation as your payday.