The last instance where you can have two FHA loans simultaneously is if you co-borrow with a family member for a loan, but you also have your own primary residence property.So, my question is: If I have a baby, can I qualify for another FHA loan while keeping the first FHA loan?

I guess the only real answer is to try it out for yourself to find out the truth.Expanded answers by @Alexander Felice as well as @Spencer Corneliawould be interesting...For instance, what is working well for people that Alexander knows, and what issues/difficulties Spencer is running into.

For instance, I considered what if I structured the deal to where I find a good deal that fits my cash flow requirements, my proposed partner puts the money to purchase and fix the property, we own it 50/50 or even 75/25 (in favor of the partner) but I do the work to manage it and also keep the cash flow.

The least they should do is refund that darn money, once you hit 80% LTV (78% in some instances).

Depends where you buy, for instance in Orlando the tourism and demand is much more consistent. 

Thomas can you cite a single instance where this has been a valid tenant defense in court?

As far a the instance is concerned many of the insurance carriers offer a discount when combining home and auto insurance.

For single tenant net lease that is absolute NNN then yes an owner typically does nothing.For MTNL -multi tenant net lease then even though in many cases absolute NNN with base plus CAM you still gave to look out for CAM caps and large Capex expenses the owner would usually pay upfront and try to recover over time.For instance if you are buying a center looking at roof and parking lot are 2 big ones.

For instance, I own a four unit in Lyons, IL where I pay garbage separately from the water bill.

Any house built before 1978 has lead based paint in it.It would just need to be scraped and repainted in most instances.