I live in Colorado and I'm going to see if I can find a direct way to check folks background through the courts.

I let VRBO and AirBNB handle that.Bottom line is you are taking a risk every time you allow folks to use the house.

.: In a prior post from about 2 months ago, Kerry Malarkey and Nathan Gesner mentioned a small landlord is exempt from FHA requirements requiring the acceptance of emotional support & assistance animals if one of the following is true:"Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at once" (Quote from Nathan's reply))https://www.biggerpockets.com/forums/52/topics/1219359-pitbu...Given this, if a landlord does qualify for the exemption, what exactly does this mean? 

Its a great idea, but you will need to consult the township in order to understand their requirements for liveable space.

There are some home loan options that require as little as 3.5% or even 0% down.

I know some that are 50- 150k per unit. those folks will dump.

And most of those buyers dont have a very big down payment /  unless you think you can get bigger BP.. so if these are high ltv loans then no I dont think HNW folks will jump on it.if the LTV is about 60% then that might work. 

I think most BP folks would agree that you have the right idea, diversifying your assets with stocks, bonds, and real estate.

If it requires a mobile closing we use Michigan Investment Title because they willclose anywhere at no cost unless it's a ruralarea but downside is they require wires for everything which alot of title companies are starting to require anyways.

After I reached that goal, I set a new goal of 3x the required income for financial independence with the intent of giving 2/3 of it to charity.I don't believe in leaving a massive legacy for my children.