I suspect the odds that the wholesaler did not misrepresent anything is fairly small.if your wholesaler is picking up the legal costs to pursue this so that you are only going to be out the time value of your earnest money, I think I would just sit back and see how this plays out.  

You may also want to consider a 3% down conventional loan on a SFH / SFH+ADU OR 5% down conventional on a 2-4 unit - this way you won't be restricted by your current FHA

I found a PM that restricted the total number of days owners could stay.

I can admit there are likely good reasons for these validations and restrictions for Property management professionals and accounting gurus, but for a small time landlord like myself they come across as annoying.

Geographic Expansion: Don’t restrict your investments to one location.

For 3-6 months of seasoning, the appraised value can be considered, though LTV restrictions often apply.

Owner occupied conventional purchase to 97%, but depends on income and or 95% conventional, USDA 100% income and are restrictions, or VA, no money down, if a veteran?

We saw the first AAA CLO lose money since the GFC 2-3 weeks ago, and as there are more defaults in CLOs from CRE the odds of a credit event become higher.

Most new home communities have super HOA restrictions on investors, like you have to live in the home a year before renting and/or they only allow a certain % of rentals like 1% or all kinds of other roadblocks.Plenty of opportunity in North Texas, but for the most part stay away from new builds for rentals.

They are a legit lender, but I have found their terms to be average and their guidelines are more restrictive than other options.