Keep in mind that they can increase that period if they get complains from the community, so make sure you're in good relationship with your neighbors.

Now if you have say 75+ doors and the economics make sense, you could hire someone on salary to be your dedicated property manager and specify exactly how you want things done, vendors to use etc. 

The FHA rules/regs (in particular the FHA self-sufficiency test) are applied the same across all markets, and I know for a fact that in rural communities across the country, and big cities that are not particularly desirable places to live, it's not a deal-breaker, I am not commenting on those areas. 

Hello BP Community, it's been awhile since I've last posted or have had downtime lately.

Quote from @Dave Bobka: Excited to be joining this community!

If he can help you implement what he's teaching you, and there is a community, then I would think the investment is worth it.Would love to hear if you join and your experienceGino I called him out as a fraud and asked for proof. 

Also your perspective are you an agent, pm or investor.For example in Cleveland the east side has tons of A communities by income standards but the turn times of how long a property sits on the market is atrocious.

I financed this property using down payment funds from 403B and a local commercial bank. 15% down from personal funds. 85% down from community commercial bank. 3yr balloon, 20yr amortization, 7% interest rate.

I know DR Horton and Lennar are still building a lot, but they seem to be building smaller communities.

I would approach this question with a few things in mind, such as what are your investing objectives and how much time do you want to dedicate to this.