The Husband sent me a text telling me that he's giving me 6 weeks notice and I should work things out with his wife.

First off, kudos to you for building up the savings and diving into the multifamily market with an FHA or Fannie Mae loan.

I don't know if this is a recent trend that's come about with the rise in popularity of laundromats, but I've noticed more "fix & flip" situations on the market - mats being sold by owners who have owned for 1-3 years and put some significant improvements in.

Defintely lean on those who’ve gone through it before.. it’ll help you dodge those pricy early missteps.When I looked into places like Omaha, Austin, or even San Antonio or Phoenix, I noticed a certain rhythm... and Invsetors I know actually learned a lot just by sitting down with some local landlords over a cup of coffee and hearing stories.

But usually for a tenant occupied it's like $90-120 per monthI've noticed a lot of multi-family buildings are pre-WWII housing inventory - are there restrictions or issues common with that (historic districts, crazy high utility costs, etc)?

Recently the city issued a notice about the property not being zoned for multiple family occupancy.

This allowed them to keep part of their funds liquid for their personal project while still deferring some taxes.Also, I noticed some great advice in earlier replies, particularly about HELOCs and the pitfalls of LLCs for 1031 purposes like @Maureen McCann explained it perfectly.

Under the Equal Credit Opportunity Act (ECOA) and the Fair Credit Reporting Act (FCRA), if you are denied credit, the lender is generally required to provide a written denial notice.

Fannie/Freddie now require 12 months of seasoning for a conventional cash out refi in order to use the appraised value.

You'll noticed I'm based in one of them!