Yes, there are exceptions for significant life events (job change), but each individual must meet the FHA loan qualifications on their own, and the second loan must be for a valid reason, like a job relocation or other extenuating circumstances.

•Look at Rental Absorption Rates:•How many homes like yours were leased in the last 3-6 months?

Seems like you may have some overlap.

It depends on your financial strength, the quality of the property, how many properties you own, etc.I like to start with one significant expense and three months of vacancy.

Structuring the deal properly (like through a land trust) can reduce this risk.Your best bet is to connect with an Illinois investor who has successfully done sub-to deals or find a local real estate attorney who specializes in creative finance.

. :) It sounds like you are looking for a specific investment opportunity? 

Could you send me your email (feel free to format it like “name [at] domain [dot] com” to avoid filters), and I’ll send you the link directly.Also, I’d love to hear more about your background:How long you’ve been in property managementIf you’re currently involved in multifamily investments or looking to expand into that spaceWhether you’re exploring tools for your own portfolio or considering something broaderLooking forward to hearing more and seeing if there’s a fit!

With a last name like "Kitchens", you were bound to be a chef or a builder ;-) Where do you do most of your projects?

Real estate investing seems like a whole new animal that we need some guidance on.

I feel like I've been played and I'm not even sure why.