I'm not sure which event you're attending, however, it's likely going to end exactly how you think!

How does an economic downturn like 07-08 affect rents in Old Brooklyn/Parma, or whichever part of Cleveland you are most familiar with (same in below questions)?

You get X% or Y% of profits, whichever is greater. 

The three mobile homes now $1,100 a month= $13,200 a yearThe 8 rental cabins annually $576,000 gross monthly (If used as vacation rentals @ $200 nightly as I stated in my previous email at 100% rented and before operation costs)$460,000 gross at 80% rented + $13,200 = $473,200$403,200 gross at 70% rented + $13,200 = $416,400$345,600 gross at 60% rented + $13,200 = $358,200$288,000 gross at 50% rented + $13,200 + $301,200If at any point they fall below 50% for more than 2 quarters the property will be either a listed as a business and all sold together or B subdivided and listed and sold which ever will bring the money in the quickest.

I usually let inherited tenants continue paying whichever way they were comfortable with, but I have new tenants pay thru Cozy.

FHA requires 3-4 unit properties to be self-sufficient, which simply means the piti (principal, interest, taxes, & insurance) = 75% of the current rents and/or market rents (whichever is lower).

Otherwise everyone seems to go off of the cost to build/ appraisal , whichever is less if less than 6 months :(. 

My original plan is to leverage the cash into 3-5 properties.thank youRegarding Delayed Financing Exception (DFE)I can only speak from a direct FNMA lender position but the amount of time you have to do a delayed financing transaction is actually 6 months after the date of an all cash purchase.Secondly, this DFE or delayed financing exception can be done for primary, secondary, and investment properties NOT just for primary residences.Thirdly, you can get cash back up to 70% of the market value up to the total of your acquisition cost at the time of appraisal so if your "purchase price," is 100k and you spent 4k in closing costs then that means you can cash out up to 70%of the appraisal or 104k whichever is "less."

You can expect a 75% loan to value or 1.2 debt service coverage ratio, whichever is less and this depends on your experience and creditworthiness. 

Below is the Colorado Statutes on this matter:(1) A landlord shall, within one month after the termination of a lease or surrender and acceptance of the premises, whichever occurs last, return to the tenant the full security deposit deposited with the landlord by the tenant, unless the lease agreement specifies a longer period of time, but not to exceed sixty days.