And you can have up to 11 of those loans under your name. so the process is repeatable as long as you follow the guidelines. im not saying its the best option, but im saying its a viable option, and what annoys me most is when I see so much misinformation posted about it anywhere. the reason I created my YouTube, Facebook, and Instagram communities around the topics was because I saw how many times people were posting here asking questions about the 203k and were getting the wrong answers or mislead constantly by people with no deep & hands on experience with the program. 

I ran an adult foster care facility licensed for nine for a few years, and had a few thoughts at https://www.biggerpockets.com/forums/48/topics/1173808-what-...Take a look and see if anything there stokes your interest (or your concern :)

A great place to start when using the platform is the search button - here you can look up any keywords, topics, and areas of interest to read up on what has been discussed in the past. 

If it truly means a reduction of 20k+ we can however live without it.While on this topic, are there other features, we may not have thought of other than pool and hot tub, that have a dramatic effect on a properties earning potential?

I would really appreciate help/resources on this topic.

Here are some other posts I found that seem to reference it:https://www.biggerpockets.com/forums/48/topics/930230-profit...https://www.biggerpockets.com/forums/48/topics/537044-rental...https://www.biggerpockets.com/forums/88/topics/332980-rental...

here is some good required reading for the CA investor:https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl...

There are many books, groups, seminars, etc. on the topic and you can really go down the rabbit hole on the subject. 

https://www.biggerpockets.com/forums/922/topics/1175338-maxi...Good luck on your journey and if you ever need an investor focused agent to help you find the right opportunity, please reach out! 

You don’t necessarily need to be local but there are also misconceptions and rules to follow:https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals