There is no circumstance under which I would ever buy with seller financing and then rent to the former owner, least of all in New York, where it can takes months (years?)

I understand that FHA rules allow you to take a second FHA loan under certain circumstances, including moving over 100 miles away. 

“In California, tenants have the right to bring their service dogs and emotional support animals to live with them in many circumstances.

Having a good margin gives you the ability to deal with the unexpected, whatever it may be:  seller concessions, unforeseen repairs, not getting your asking price, etc.  

Banks typically want the operators (managers) and enough net worth to cover the loan, which may or may not be the same array of owners (where managers run, but have nominal net worth bringing in members with net worth).UNDER NORMAL CIRCUMSTANCES, profits are distributed pro rata, meaning if you have 10% of the membership interest, you get 10% of the profits.  

Remember, contracts are written for when things go bad, not good, good takes care of itself, bad is unforeseen because if anyone thought it would or could happen, they wouldn't do business in the first place right.

Although there are some circumstances where you are allowed to request another VA loan within the year (PCS, ETS, family emergency, moving for work, etc). 

Anything can be done no matter what the circumstances we are facing. 

This makes a ton of sense to me and I'll follow through to check for extra beds and living circumstances on the 2nd inspection.

In certain circumstances, removing a large tree from your property could be the best option - but it is not without its consequences.