You must eliminate your personal debt after this is accomplished as it's an incredible waste of resources.

It makes the whole process run smoother by eliminating this scenario and also it helps build a relationship with the agent so when you send a deal over, the agent is happy to float it out to their investors.

Also, forgiveness of Maintenance, and Late Fees, that are now $25K, living expenses, and a total elimination of mold, plus attorney fees and etc.

It's not clear how you worded your offer, mentioning the commission.Were you waiving your commission, in which case you would state so, but you'd also need an agreement with the listing broker, eliminating the buyer side pay out?

You just increased your net worth by almost 50k, get additional monthly cashflow while your tenants are paying your self eliminating debt down and you enjoy some nice tax benefits.

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets like ours.

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets like ours.

This eliminates purchase issues, property condition can be addressed along with disclosures that may be required.

By paying all cash up front, I've eliminated HML's, and the added cost.  

There are other FHA requirements concerning which you should contact your local lender, but determining whether or not a triplex or fourplex meets the self-sufficiency rule is a good place to start as this rule will immediately eliminate many properties from your search, especially in expensive markets like mine.