Yeah, that could work - but, please acknowledge what it really means to go with an FHA loan.Of course, you may intend to rent out all of it later - but you'll still have to live somewhere. 

We will acknowledge the level of “confidence” our algorithm has in expected rents as part of the search results.More comps, like a standard 2bd/1 ba unit in an urban area mean more certainty, but certainty is a double edged sword - it means that it will be harder to find a great deal.I hope this helps!

Think “I did it my way and that’s all that matters…”Maybe you get lucky and pass before you have to make RMD’s, your kid’s have to pay the taxes instead, and you never have to acknowledge the mistake.

Anyone have any luck with lenders acknowledging the property flips as income even though they are not reported on a schedule c on the tax return?

The things I read tend to acknowledge the upside but not the down side of investing.

Lots of investors came in because of people like BiggerPockets and other souces acknowledgement of it being number one in in investing return.

We both sign both papers acknowledging the health of property.  

And then you have the time and expense of installing carpet, paint, drywall, changing locks, etc...You also have not acknowledged that there are snow removal and lawn care costs, utilities while vacant, pest control, etc...  

TBH, the first time I'd even heard of CF being used for REI was just a handful of months ago (I acknowledge that I may have been 'late to the party' on this).I've always used a combination of HML and PMLs .. a vast majority being PMLs.

You probably signed something when you made the offer acknowledging that the house came in "as is" condition.