And its always been a 2 inch trigger to start , we start at 2 inches and continue thru out the storm . 

@Jonathan Klemm my hope is to continue to look for opportunities, primarily multi-family but also SFR. 

The city has a lot of momentum with major developments, population growth, and continued investment in infrastructure.That said, it’s not without challenges.

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."

It's so bad that my last purchase was in Indiana, which was my first OOS investment, and likely will continue to look there if the market doesn't improve here.  

In 2021 there were two competing ballot measures that the citizens of Denver voted on - one measure from open-space advocates that would continue to prevent WIP from developing this parcel, the second measure sponsored by the WIP themselves that would exempt the property from the current zoning restrictions. 

Despite higher interest rate environment, there's reasonable probability inflation will still continue - thus increase hard asset valuation.

Let us know how we can continue the conversation!

Two, you'll have a much easier time obtaining a mortgage product if you have a track record of W2 income.In the meantime, continue implementing the strategies you mentioned: save religiously, build your credit, pay any existing debt owed, etc.

This lets both the investor and the builder do what they do best.I think this will continue to be a growing part of the investing landscape.