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I can be a bit bold in what homes we buy because I have my husband as slave labor. 

What things would you say most do not think about when dealing with the FHA and closing on a deal with the red tape involved?

If a market is currently far outperforming its pre-recession levels, then I'd think that would be a huge red-flag for any investor. 

See the following from the FHA lending guide (key statement in bold):The rent for multiple unit property where the borrower resides in one or more units and charges rent to tenants of other units may be used for qualifying purposes. 

Please contact an administrator if you feel this is incorrect.This red banner showed up Brandon while making a colleague request this morning...I think it pertains to Brian's question years ago. 

She really likes the place but this seems like a pretty big red flag for resale.

I grew up in Red bank, NJ so i'm familiar with jersey just not the NYC border areas. i'm moving to Hudson country with the proximity of my job and my wife's school in Newark!

They would red tag you & probably double  (maybe triple) your fees.  

Obviously, one red flag, but if everything else checks out, it seems like it might be ok.