Applying that to RE investing, most would agree your first FHA loan should be a multi-unit house hack.

Quote from @Jason Sung: I agree with Greg, you could first talk to the contact you have been working with on this so far, see if they can change it..

@Adam AeroI completely agree with @Sofia Komrskova about doing it to code. 

Scope of WorkThe Subcontractor agrees to perform the following work (“Scope of Work”):Detailed description of tasks and responsibilities.Exclusions: [List any exclusions here].Materials to be provided by: [Contractor/Subcontractor].Reference drawings or plans: [Attach if applicable].2.

The borrower simple starts remaking payments at a given agreed upon date.

You could agree with the Seller that you will accept up to $10,000 in the special assessment and the seller covers the remainder.

Quote from @Brian Malavsky: Totally agree with everyone else and I didn’t see anyone mention an “Umbrella Policy” I just got quoted this week for $1,000,000 coverage for only $350/yr.

Agreed @Bruce Woodruff.

I have a 3-step process I put them through before we actually agree to work together. 

Despite rate cuts, we aren't seeing the lending market agree with their expectations on inflation.