What do you feel are the most important factors when selecting a bank?

@Cameron Belknap FHA loan rules in HUD 4000.1 mention not counting the basement as part of the Gross Living Area; however, part of the FHA requirements found in HUD 4000.1 includes a section on “converted spaces” which states:“The Appraiser must treat room additions and garage conversions as part of the GLA of the dwelling, provided that the addition or conversion space…is accessible from the interior of the main dwelling in a functional manner; has a permanent and sufficient heat source… and was built in keeping with the design, appeal, and quality of construction of the main dwelling.”Furthermore,“The Appraiser must analyze and report differences in functional utility when selecting comparable properties of similar total GLA that do not include converted living space.

With self-directed IRA the sky is the limit.Of course you must be aware of the IRS prohibited transactions and be sure to stay away from those:https://www.irs.gov/retirement-plans/plan-particip...Selecting appropriate investment option depends on many different factors such as your age and investment horizon, your risk tolerance, investment experience, etc.

Or you can put it in a balanced portfolio of investments that you select, with or without a paid financial adviser.

We have a forum specifically for agents (select the Forums tab when that opens select the brows forums tab)Keep in mind the investor world and the agent world are very different.

@Jeremy Taggart which package did you select?

One problem I see is me not having a house selected by the rental period ending, or finding a house too quickly.The questions I have are:A) Are there any things I should watch out for with FHA, pertaining to off market deals?

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

Screening and selection of tenants is part of the risks we take when investing in real estate.

DM me.Do doubt after 100's of Bad numbers & emails Mannnn you will drop your head in shame as if you purposely did something wrong 😞 then ad all the smirks, shade & "hahaha" looks your family & friends throw at you...