Both my agent and mortgage broker tell me that we CANNOT move into the home prior to closing.This strikes me as odd because if I was currently renting the home and the owner decided to sell, under this FHA rule I would not blocked from purchase using an FHA loan because I am already occupying it.VERY confusing and I need the help of those "in the know"Thank you

When we underwrite deals we never make a decision to buy or not buy (or set a strike price) without thorough underwriting on a very granular level. 

Hi guys,My name is Daniel and I am a new comer to the real estate investing game.I currently live in Dubai, where I see many opportunities for rental investment - although the instability of the market makes me concerned.My objective is to build a rental portfolio in a specific niche, that generates cash flow.I have worked in the tech field for more than 10 years and I’m looking to blend what I learn on BP with my data driven approach to strike great deals.And I’m ready to strike my first deal.Looking forward to getting to know you!

He strikes me as reliable, knowledgeable, and having integrity.Good luck in finding a property manager that works for you!

Continue gathering information and making sure you are ready to strike when a good deal shows up.

@Thomas S. why you say never count on staying in any home forever ( unless of course it is related to natural disasters striking and destroying your home ) ...

I'll give him 33% of the rent increases and the strike price for the option will be $2.2 million (107x gross monthly rent - CAP of 7.4% with no vacancy built in). 

I've since gotten all my ducks in a row and am poised to strike if the opportunity arises.

Don't get to the point where you feel desperate and hopeless because that's about the time you'll strike gold as in Napoleon Hill's Three Feet from Gold story about perseverance.  

One thing that strikes me as important too is that $/sqft of existing homes is significantly less than price for new construction there.