I love that my tenant is the government.

Putting 10 properties into a blanket loan doesn't have any effect on the number of mortgaged properties.30 year fixed rate loans at low rates exist because of government policies. 

I would assume this would qualify for the 30% tax credit, maybe not since it is for a rental; but who knows with the current state of our government.

Enjoy the government rent subsidy and sit pretty.

A "Conforming" loan is a loan governed by Fannie Mae and Freddie Mac (if you recognize those names).

They should have started the pay or quit and eviction process on November 2nd when rent was not received on time.Your friend needs to take the time to sit down and learn the regulations governing his business.

This is not a hobby it is a business governed by state law and legal contracts.

Meaning you can maximize your one time chance of buying a property with 96.5% leverage via a government subsidized loan - Considering the two above over the long term if you buy a multifamily you will have: 1) Created more equity via loan paydown and appreciation2) More cash flow and stabilityIn my opinion you want to go as big as possible when doing FHA.

There is an interesting discussion on "Deposit to Hold in Massachusetts" on the MA Law Forum:https://www.malawforum.com/content/can-i-recover-d...In a nutshell, there does not seem to be a specific MA law governing "Deposits to Hold."

While it may be legal under state law, it is not under federal law, and the federal government can seize your property under civil forfeiture laws.