Not a lawyer or anything, so I'm sure someone else can explain more on differences if you have a chance of life event or something, but this is is straight from the 92900B that you will sign in an FHA purchase loan:"Do not falsely certify that a property will be used for your primary residence when you are actually going to use it as a rental property""Penalties for Loan Fraud: Federal laws provide severe penalties for fraud, misrepresentation, or conspiracy to influence wrongly the issuance of mortgage insurance by HUD.

If the deal is for $140k all cash (and you get $40k right back), you're probably OK. but any half-wit loan officer the tenant uses will see right through what you did, which is to artificially bump up the market history of the property to influence the appraisal and mortgage size the tenant is applying for.

Peter Linneman has been a critical influence in driving the professionalization of real estate capital markets and the commercial real estate industry.

I was curious, however, as to the factors that influenced your decision to invest out of the local area, especially doing flips which seems really tricky from a distance. 

Came across this interesting blog post pertaining to boosting house value when it comes time to sell.

While it gives us a boost from interest expense savings today, it is NOT a great sign for the economy!!!

While it gives us a boost from interest expense savings today, it is NOT a great sign for the economy!!!

If you get to the point of owning hundreds of units, is it legal, that any rent raises are also influenced by cost of owning the unit.I have been renting for 17 years myself, and have never had a private landlord raise my rent.  

The fed can do more QE and forward guidance but the jury's out on whether or not that will do anything other than give the stock/bond market a boost.  

I have now started furthering my experience by waking up at 4am and doing the "life SAVERS"(bp podcast 157)  before work and found a huge boost in motivation and enthusiasm.My Experience:I bought my first house last summer, 3/2 townhouse brand new.