No more than one Accessory Dwelling Unit shall be established on the same zone lot asthe primary Single Unit Dwelling use.3.

BUT my realtor after now having worked with NACA for 3 years HAS sold houses with them, and is a way better realtor than when we started, so that plus the no more area maxes, there's a small light in the distance..

Now there is no more cash flow, you have 5 notes to pay for with nothing coming in.

Thanks @Brianna Schmidt for the mention.Garth,1) renegotiate the deal - get it for $3K instead and mention the liens as leverage (mention $2K as starting point and then go no more than $3K)2) once you have it under contract, get Power of Attorney from seller so you can negotiate with the lien holders in his behalf3) negotiate with the lien holders (the 8 liens totaling $3K).

No more, no less. 

It's no more reliable or complete and its no more less reliable or complete.

What I have learned is that life would pay us no more than what we had bargained for it.

Although most places put the cap at renting to no more than 4 people.

It is no more difficult than a regular closing to assume an FHA loan.  

It's more a question of how many financed properties you can have before the financing starts to get ugly.4 for you, 4 for your spouse, zero ugliness.5-6 financed properties (each), cash out refinances get ever so slightly ugly.7-10 (each), no more cash out refinances without ugliness.