That is 35 months of pure profit you would give to Uncle Sam to keep it past your grace period for living in the house.  

I’m not opposed to buying a pure rental unit, but I’d rather get something I can also potentially live in if I can.

I try to keep our rental a place I would like to stay, so that's a different mindset than pure profit.

Lennar usually won't sell for pure investment though

If you don’t authorize the check, it’s important to know that any info about rates and programs is purely hypothetical.That said, it's true that too many hard credit checks can hurt your credit score.

Are you house hacking this property or using it purely for investment? 

You do have apartments in Wilmington Newark, Dover, and some areas around the shore, but it's not as many larger complexes like you find in some other places.All that having been said it's purely anecdotal.

The reason people are coming to Cleveland to invest is pure CASHFLOW.

Think this purely boils down a matter of trust.

I know that most pure investment properties require 20% down, which I cannot afford at this point.My question is about the legality issues of purchasing a property using the FHA loan (or a conventional loan with a low down payment).