FHA has stringent requirements on the state of the property and what it has to have. 

I've rented to family friends twice, and both times I assumed it will end up unhappily (so far I'm 1/2 on that measure, with the second not yet concluded) just so I'm not surprised or disappointed at the conclusion.  

Get some rough measurements of the areas needing repairs.

IF/when we ever run out of conventional 20% DP buyers, sellers wont have the luxury of being able to choose their preferred financing so the low DP FHA buyers will increase in market share. unless the macro perspective changes or we have a flood of new housing inventory, I don't see things changing any time soon. even then, the FED has taken drastic measures to prop up our economy since the start of the pandemic, who's to say they won't continue doing so. 40 year mortgages could be a thing of the future to help affordability once interest rates go back up - https://www.housingwire.com/ar...

@Amanda Dallman CAP rates are a measure of risk and with the number dropping in these big cities, it seems investors are not convened about the tenant rights laws.

Due to covid measures door knocking and cold calling were actually fined practices.

@Sara Aviv Berger, cap rate is a measure of risk.  

@Chris SeveneyThe Socialists use COVID and the like to pass legislation to weaken property rights and further their agenda of destroying private property and instituting state property ownership.In 1947 NYC, using the post war housing shortage as an excuse, instituted the “temporary” measure of rent control. 70+ years later the temporary measure, as well as a companion measure instituted in1971 is still in effect, with the effect of having provided a transfer of wealth from property owners to tenants.

Absorption rate is pacing evenly with new inventory coming to market....which is still being measured in weeks, instead of months.

The person with $10 million net worth needs to have more “asset protection” measures in place than the person with a $10,000 net worth.3.