Since it comprised of four 4- plexes I was able to get 4 different residential loans amortized over 30 years.How did you add value to the deal?

Difficult, if not impossible to analyze without a breakdown of what that number is comprised of.

Could you possibly gather everyone and work out a comprise till the lease is done?

Looking at property that is comprised of 16 units total but in 4 buildings with 4 units each.

@Mike G. my initial reaction is to get a new lender as quickly as possible...most people do not think of a 3 or 4-unit building as a "single family", but it is...we only really move to multifamily at the 5 unit mark...What is the setup of the property...triplexes are very rare and oftentimes are comprised of more than one structure...on the same parcel...the only issue I can see is if this is non-conforming...maybe a SFR and a condo...or condo and duplex...something like that.In reality, the only thing that would prohibit you from getting your offer accepted is the competitiveness of the market...you actually would have about a 4% of getting an FHA offer accepted here...hot markets and FHA loans (especially in locations with older properties) is a fatal combination...most listing agents would advise to not accept and FHA loan because they are inherently problematic at both underwriting and closing timelines...you are almost always better off with a conventional loan unless your credit score is low...What else is going on with the situation?

Whew, ok Anthony, I'm gonna get off my soap box now.

Well, on the bright side, I'd rather have a tenant who works 3 jobs than one who sits around watching soap operas all day.  

Let's keep the negativity around the asset class away...Mill Houses comprise much of the most affordable inventory in the Carolinas and other areas of the Southeast (Greenville, Spartanburg, Charlotte, Gastonia, Shelby, Triangle - Raleigh Durham, Augusta, Columbia, Hickory, Rock Hill).  

8) My experience is varied and almost "soap operatic."

We share market updates and helpful info to a room that is comprised largely of buy-and-hold investors.