Neither of which is happening with these out of state investors who believe section 8 is there path to early retirement. 

Also pet rent is now capped at $25/month.Thank you for the update, I believe the security deposit for leases signed after October 1, 2024 is maxed at one month (including any pet deposits which must be refundable).

HUD 4000.1 (I believe) is the latest HUD handbook and it goes over all requirements for originating the loan, including but not limited to occupancy requirements and exemptions.FHA occupancy : "At least one Borrower must occupy the Property within 60 Days of signing the security instrument and intend to continue occupancy for at least one year."

@Anthony Becerra I believe you are looking for a pre-approval letter.

I believe local investors, agents, lenders, property managers, and contractors all have valuable insights, especially for someone brand new to Real Estate like my self.

It was I believe 3k to sign up and then the cost to set up the LLCs for me was I believe $700, that partially depends on your state.

I also believe that as an investor, you are never going to be more ready to spend money than in the beginning.

These guys are having fun because there are a lot of scammers and gurus out there selling LLC creation services and Wyoming Trusts and Cook Islands Trusts and if you believe all that b.s. you will end up needing to cash out refinance soon in order to access that equity in order to pay for all their services plus an accountant to keep track of the mess.

And I 100% believe for average people owning real estate over a 10 year time horizon is the best opportunity to bring wealth, freedom and margin to their life. 

I personally believe single family produces the best rents and appreciation.