Insurance never protects you from these kinds of claims and they happen all the time.The third pillar applies after you have good insurance You need to protect yourself from what insurance doesn't cover by compartmentalizing your assets.

Anyone who wants to apply is welcome to apply. 

I've read that the Fair Housing laws in New York do NOT apply to owner occupied duplex's.

When applying for FHA financing on a fourplex (or duplex/triplex), how can I utilize the gross rent in the actual qualification?

As an example – a car dealer doesn’t want to spend money mailing to people who probably won’t to be able to qualify for a loan.When looking for Motivated Sellers, we target homeowners on the opposite end of the spectrum: people who are most likely to be having financial difficulty.By applying Low ESI to your list, you add a level of motivation – homeowners who are struggling economically are more likely to want to sell their homes.While credit scores were utilized in developing the model - they are not actually part of the model (hope that makes sense) so there are no restrictions in using it.

It's a fantasy, but I wish the industry standard was to run your numbers while taking into account ALL of those future costs, regardless if one may not apply to your specific situation.

@TJ ParkYou can apply for an receive a "sole proprietor" EIN. 

What I do know:Look for properties with units separately metered for utilities.Commercial financing applies to properties of more than 4 units.  

Talk to the tenant as they are leaving and get them to sign a document saying that $X of the deposit is being applied to April's rent.

We are technically not allowed to deter you from applying for a home loan.