Soon closing on a property property cost $458k and the closing cost is really high we are doing FHA mortgage they are charging 2% of the loan plus application fee and mortgage insurance on closing for the amount of $7k and plus monthly mortgage insurance... in 2020 there was not just a thing 2% of the loan on mortgage origination loan fee! 

Specifically wondering if they award the FMR listed on the HUD site, if there is an abundant applicant pool, and if the housing authority is responsive. 

DubnerFreakonomics is a crash course in the populist application of economics. 

In the application there is a question if you are using a loan towards any of the down payment or closing funds 

I tend to error on the side of caution when laws are involved so do check out the usury laws in the state in which the investment is taking place as those are the applicable laws.

If we receive any applications for Certificate of Ownership, prior to the moratorium taking effect, the application fee has increased to $750.00.

Maybe send in a written offer to purchase the liens you want at full face value plus applicable interest/penalty and see what happens?  

2) How likely is your application to the J&R Rent Adjustment program to be accepted or rejected?

When looking for a SFH there's several factors to contribute to a great rental rate: Location, Condition, Time of Year, Functionality, City Cert requirements needed (if applicable).I absolutely wish that I could 'Turn back the clock' and do house hacking and jump into real estate investing that way...so many great benefits!

Be very weary of anyone claiming that and then asking you to send application fees and such to them.To operate in FLA as a flipper where you are buying distressed at 250k+ you better have 100k - 150k liquidity at all times.I am doing a refi for someone on an STR in Miami right now.