I’m not opposed to forming and LLC, but on the surface it seemed harder than it’s worth. 

What is the advantage of doing the HomePossible first as opposed to the FHA?

@Sean SloopBoth you and your relative would likely be in a better position if he was a lender, as opposed to a co-owner.

CNBC has these on their website.I would also recommend reaching out to 3rd party mortgage brokers (as opposed to a specific lender's loan originator), who should know current market rates off the top of their head. 

I have a hard time believing the condensation on the duct work is so severe it is causing a leak as opposed to simply making the drywall wet on the inside, but I suppose it is possible and maybe in GA that is more common than I would think.

Makes sense.....vacant land usually takes a Lot longer to sell.....as opposed to a sfr in a strong market. 

My answer was more of a could as opposed to a should

One is still with me after over 5 years, and the other also stayed for several years until they were ultimately able to rebuild their credit and become homeowners again.Both always paid their rent on time (even early) and - since they had previously been homeowners (as opposed to life-long renters like most applicants) - they knew what it was like to actually own and care for a home and they took great care of the home and treated it like their own. 

I'm not opposed to just flipping but it's not a good idea without an exit strategy. 

That advice is not always acted upon....As opposed to what advice?