i have an fha loan on my house hack and was recently looking into something similar. my lender who is super creative and entrepreneur/investor -friendly, had said that i either needed to a) refinance my fha loan into a conventional loan first, or b) prove to the lender that i HAVE to move.. some examples he gave were: one of our jobs relocated us, or we're planning to try conceiving and in turn need more space. do you have enough equity in your primary where you can refi into conventional?

I know they offer some courses online as well as classroom  instruction.

You can download it here:https://reinstate58.hjta.org/It includes instructions - but in short:You must (1) print, (2) sign (in BOTH the signature area, and the circulator area below it), and (3) mail it to HJTA.

I would say the difference is working a W2 vs being an entrepreneur.   

I would like to move to Austin (as there are many like-minded entrepreneurs there) and want to live on a ranch with 2+ acres, so I can raise goats, chickens, and have fruit and vegetable garden. 

As promised, here is a link to free tool you can use in Google Sheets to track your income and expenses: 12 Month Income & Expense TrackerThere are more detailed instructions for how to use the tool listed on tab 1 of the 12 Month Income & Expense Tracker but we’ve provided a quick how-to summary for you here:Click here for the 12 Month Income & Expense TrackerSelect the option to copy the spreadsheet in Google Sheets to get your customizable copyEnter your information on the tab corresponding to the current month.When you receive rent from your tenant(s), enter the amount of money you receive from each property separatelyRecord any expenses you pay in the month under each property separately as wellThe Tracker will automatically calculate the total Net Income for each property showing you whether you made money on that property or not in a given month.

If you’re getting your loan docs from a lending attorney, and I hope you are, both the lender’s instructions and deed of trust, mortgage, or loan agreement should specify your insurance requirements and could serve as a reference for you.

This contract shall give instructions to record the underlying deed (showing the buyer "you" as the owner on public record) once the equity payments and subject to mortgage balance is paid off in full on a undisclosed date, or, if both parties prematurely sign the executory contract prior to mortgage balance being paid off in full/ and/or the equity payments full paid.   

Here's a couple of links for learning about buying foreclosures: http://www.biggerpockets.com/forums/41/topics/32392-buying-at-foreclosure-is-easy- http://www.biggerpockets.com/forums/41/topics/43830-tutorial-for-buying-at-foreclosure-auctions edit: almost forgot this good one:http://www.biggerpockets.com/forums/41/topics/47830-bought-my-first-foreclosure-yesterday-despite-bp-advice-c- Jimmy, I don't know where you're coming from with that last post, but to me Sam has given the OP good instructions.

I've left specific instructions to not sell the properties and do something dumb and buy a Ferrari or blow it on expensive vacations (but I guess if I'm dead and they do that, they'll suffer the financial consequences later).