You should talk to an attorney like @Drew Fein about that one.

Can't fumble the quarterback contract. 

@Drew Sygit good call out - we'll ask for K-1s and tenant contact info too.

Hi Drew,Thanks for replying to my post. 

Quote from @Drew Sygit: @Yanting Wang many investors are buying, "build to rent" properties.They are all being told that in buying a new construction property, they shouldn't have maintenance issues for 5-10 years, which will increase their cashflow/profit.Well, tenants have a way of breaking things, not taking care of problems and letting them become maintenance issues, and this is on top of the fact that most new construction properties require several warranty repairs by the builder in the first 12 months.As others have pointed out, you must live in the property for the first 12 months for an FHA mortgage or take your chances with committing mortgage fraud. do a new construction multifamily don't buy a single family for BTR the numbers are garbage. density is the only win for economies of scale, micro units as well. small, well designed multiple dwelling properties are superior. 

@Drew Sygit- hey man. 

Just saw @Drew Sygit 's recommendation, she can pay for it, or you can do it if it's not much.https://www.amazon.com/Simple-...

Quote from @Drew Sygit: @Hamidou Keita you ant to be careful in selecting an agent and a PMC!

Quote from @Drew Sygit: It seems that 5 years ago or so, an investor could buy a turnkey rental and see it appreciate right away = investor felt they got a good deal.Today, prices aren't increasing as fast, or as much, so investors aren't seeing that almost immediate increase in the value of their turnkey purchase = they don't feel like they got a good deal.Throw in that it's taking over 30% longer to find a tenant today versus 2 years ago, and investors are even more nervous about their purchases.So, many investors are chasing higher value for their investments via trying to cut out the turnkey operator fees.

@Drew Cameron hmm, this is an interesting post since you are a lender that writes FHA loans...but ok.