If he finishes on time and on budget, I would be thrilled...just trying to optimize how to do that. 

I'm thrilled to get started on the forums, and look forward to connecting.  

Investors are still thrilled over the possibility of tax cuts, reduced federal restrictions, and increased spending on transportation and roads expected with the election of Donald J.

The seller will be Thrilled.

I would be more than thrilled to hear from the community about your strategies for finding lenders.

He was thrilled, and told me where his house was.

It'll certainly eliminate most - if not all - owner occupant buyers regardless of price or other considerations.I wouldn't be thrilled to buy a SFH investment property with that lease in place either unless it was such a screaming deal that I could afford to take the negative cash flow hit every month until the lease was up and then I could cash out.

I am sure someone has used this strategy, but I would think tough to make much money doing it.I think this strategy is mostly for people who own a vacation home and hope to reduce the costs.So they can stay for the holidays in a vacantion destination...Hawaii, Ski Resorts, Florida...and then rent out the shoulder seasons to cut the costs...not specifically to make money.There could be a few exceptions to this like San Francisco and New York were cost of entry is very high, but some people seem to have been successful turning old rentals into AirBnB type accommodations that would generate much higher revenue.There are issues with these as well where both the governments and often neighbors are not thrilled about turning their mostly owner/occupied condos into short term rentals.The main short term rental locations I know about in NC are at the beaches...but you have to figure out if the season is long enough or profitable enough to cover the rest of the year.  

It's an OK deal, I'm not thrilled by the numbers but I like the area so I went ahead and made an offer.My question is: has anyone successfully negotiated the price down with FNMA or had them do repairs during the inspection period? 

Real estate, however, allows for ongoing cash flow, appreciation, and the thrill of putting together a deal!