But it’s unclear if this applies to HomeStyle loans specifically, given the initial renovation appraisal already accounted for these improvements.I want to know if anyone here has been successful in getting PMI removed under similar circumstances or has any insights into the specifics of Fannie Mae’s policies for HomeStyle Renovation loans.

So, good for you on that, I think that's the best path to success in a field that is generally frowned upon.

More conflict, less desire to recognize he value of my experience and resulting success  He started a rehab Dec 1 and left to Europe today.  

I have had some very successful rentals that I bought in the financial crisis, and they were NOT kicking off 40% annualized returns.  

Hey Roy - Congrats on your success!

For illustration purposes, the investor with engineering and/or construction background may excel building in a market where there is ease in doing business and can build efficiently whereas the doctor may have greater success in the established market where significant barriers already exist but can afford the entry price and can ride the waive of continued appreciation and offset their high salary by depreciating the expensive building they acquired.  

Thanks for sharing your success!

I would also get with a local realtor to get some market insight on things like where to buy in your market and what are your best financing options for a successful first deal.

Occupied Foreclosure Strategy: Some investors in NYC find success with a “cash for keys” approach.

We lucked into a rehab project and successfully run a short term rental in Bell Buckle TN.