It was a business expense and an investment we were willing to make for good long term tenants.Since the unit you rent to them is currently uninhabitable, you could offer them some choices: 1.

.), but this client may still be smarting from his bad experience and may be unwilling to accept it.

I'm thinking it would be smart to use an FHA loan and not wait to save up a large down payment, just because rent makes up such a large percentage of my expenses, even with roommates, and having access to a piano will allow me to perform more often and increase my income further.The biggest question I'm having troubles figuring out is this:How easy is it for someone that's self-employed to get an FHA loan?

We don't work for money - money works for us.If you share that paradigm, then make your choice in that light, but do consider your overall financial plan as a whole, not just this one aspect.

The good thing is: this is one problem that WILL solve itself with time ;)As to whether they'll trust you: there are a lot of intangibles about the choices people make.

I could go lower in property prices that I search for but those are in areas that most people wouldn't want to live in if they had a choice.

If you are going to invest outside your local area, you really should pick one or two choices and make trips and hook up with some locals in the area.

I believe that any smart individual can be successful at virtually any level in Real Estate.

Brentwood-Darlington is a distant 3rd choice.

We both have 740+ credit scores, one of us has a higher debt-to-income ratio,  but the other doesn't, we have a decent amount of capital between us, so qualifying for a loan in general isn't the challenge, we just want to be smart.