Unless they cover this somehow in their contract, this is illegal.Hope this helps!

One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

Where another issue arrises is I recently quit my job after becoming pregnant as they would not cover my maternity while overseas, my husband is employed however he works for a UK company and is British so would be unlikely to help us with the situation in the US.

Covering my bases!

However, in the off chance that I am not able to cover my gap funds (est. $200-$300K) from that small circle, how would you recommend I start branching out?

That can be a draw back if the market is on a mad run up tho.Also, I would always have enough in a heloc to cover your 401k loan in the event of job loss or if you quit your job. 

Second Lien Position – A first lien position is safer, but $110K may not always cover the full loan amount for a flip.

Your homeowner policy may cover minor repair work but probably not a large construction project. 

You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).

If the insulation is in decent shape and not covered by combustible insulation, and not terribly overloaded, it might last many more years.