For example: In TN when we record a deed, we are supposed to record either the purchase price or the "value", whichever is higher.

All the perks that came with being employed will now be fully on us: Health insurance, cellphone bills, even new laptops.

@Ryan Byrne  No it only drops once from 1.35% to 1.30% at the 5% down payment mark after that its 1.30% indefinitely unless if the borrower puts 10% or more down then its 11 years min of FHA monthly MI or 78% of loan is paid down whichever is greater.Conventional financing is a great option, the point where I find that conventional break's even with FHA financing is at a FICO score of 670-680.

You can get up to $50k or 50%, whichever is less in a loan that you can repay over five years.

Good luck in whichever route you take!!!

Just like my cell phone bill.

A deed of trust or mortgage, whichever is used in your state, to give the lender a security interest, assuming the loan is secured by some property.

I recently signed a tenant on a month to month lease whom informed me that he will be changing his cell phone number hours after signing the lease with me.

I walk through with my cell phone on a note app like Evernote and write down everything that I seen that I'm pretty sure was not pre-existing (side note: I always walk around everything twice before discussing anything with the tenant, you'll be surprised how much more you see the second time around). 

If you purchase a 1-4 unit with all cash you can within 6 months of acquisition acquire a cash out up to 70% of market or acquisition whichever is lower (if you have 1-4 financed properties, 65% LTV max if you have 5-10).