Having said that, the federal government put a restriction on buying houses if you don't live here. 

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

It's also important to be aware of any deed restrictions or covenants that could impact your intended use of the property.A Personal Anecdote:I once assisted a client in Omaha who purchased a Freddie Mac home intending to convert it into a rental property.

My main complaint is, they appear to aim for your project ROI target by skimming as much money during PM as they legally can.

Do not rely on it for legal advice.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

I just won a bid and I'm refusing to pay them until they give me legal property description and of course it was Lot number 25 in there auction not the actual lot in Cherokee Village for example so I'll be making some calls tomorrow.If these guys are selling it…..you don’t want it.

Good news is our land is where all of the next-door houses are (free houses, I think legal issues). 

I have to admit, my prediction a month ago of a more restrictive Fed was wrong.

Quote from @Michael Baum: Hey @Dina Schmid, so legally a bedroom requires a closet and an egress window.