This means the rental income is sufficient to support all obligations.

I'll draw on my vast--er, 8 months--of experience :)All the best as you get started in MTRs!!

If I could not mitigate the issue sufficiently outside the house, then I would probably add a sump pit and perhaps some kind of perimeter drain in the basement in the most problem area.

This is interesting, is there a requirement for how many builds to have in inventory to be considered a developer or is one sufficient for this tax incentive ? 

FHA and 3-4 unit properties don't mix in Oregon, as most don't meet the FHA's self-sufficiency test (75% of rents cover your entire payment).

With sufficient photographs and notes reflecting the results of your inspections. 4.

The vast majority of Madison, Morgan, and limestone counties should be prime appreciation plays over the next few years.

The vast majority of us get a decent deal at best I assume.

As others have mentioned, 100K in some markets is doable but in most coastal, appreciation markets, it will not be sufficient to lend in a safe manner, i.e. with a large equity buffer to protect your principal investment.

Of course any incoming project of this magnitude will generate a vast amount of speculation, but personally I do agree with the popular opinion on the positive impact it will have.