We have 10 properties in total on our 'resume.'  5 SFRs that were bought, remodeled, and sold.  4 30+ unit buildings with heavy capex (north of 300K) and a completed ground up construction of the exact unit I am trying to get financing on now.  

Started looking at condos, Airbnb’s now apartments. lost my job in the beginning of the pandemic, so I’m trying to make cash flow apartments my day job. my funds become available in April, so hopefully I’ll find my first apartment building in Chicago.

I wouldn't recommend trying to do something like this right off the bat, I think you need to get into the game and really know what you are doing before taking on that level of risk.Happy to chat more over a phone call or direct message if you want more insights or have more specific questions!

If you have any due- plexes, try-plexes, four-plexes or mother in-laws, please reach out to me.

If you're considering just "winging it" please watch Pacific Heights starring Michael Keaton so you can get an idea of what life will be like inside the same building as rent control tenants whose rent control you are trying to terminate.

I’ve tried to do a retreat of A-frames in the mountains but ran into land/engineering issues, multiple times. 

He was knee-deep in a 1035 exchange that felt like trying to translate legalese while juggling chainsaws.

Should I just completely ignore the FHA loan and try to get approval with a smaller down payment?

Sources for insurance and property taxes: Insurance—ValuePenguin, State Property Tax Rates—Rocket Mortgage.

I'm trying to envision a scenario where a litigant is able to take your property away because they sue you.