Account ClosedThe principal theory behind a 'specified service trade or business' (SSTB) is that these trade or business lines encompass businesses where the primary asset and revenue driver is the reputation or skill of the owners and/or employees. 

You will also want to find out if payments are interest only or if some principal is built in.

For a house at the 99K range they must really want to sue over principal. 

As you know, investing up at that high a success level doubles your principal in like 5-8 years.

@Tyler AltomareThe underlaying principals of investing in real property are the same, however you will find there are substantial differences in regulation, finance and taxation between Canada and the U.S.A.If you search the forums here on BP, you will find several threads listing Canadian reference material.

We follow the principals of COPE, which stands for construction, occupancy, protection, and exposures.

However, mine isn't and requires a good bit of principal pay down included with the minimum monthly payment. 

As we bought more houses, we needed "reserves" of the principal-interest-taxes-insurance for each property. 

We bought it for 235k, the principal is 218k. 

If you relocate and now reside in a new area that is outside of a reasonable commuting distance from the current home.Additionally if you plan on getting a second FHA loan, the lender must evaluate your circumstances to determine the circumstances behind the need for a second FHA loan to determine if it is legitimate or not, items include... length of time the previous property was owned by the borrower, and  circumstances that compel the borrower to purchase another residence with an FHA-insured mortgageThen there is also a big disclaimer at the bottom which reads:Important: Under no circumstances may investors use the exceptions described in the table above to circumvent FHA’s ban on loans to private investors and acquire rental properties through purportedly purchasing “principal residences.”