While there is an ethical concern here is you state a "race to the courthouse state?"

Federal Fair Housing regards discrimination based on race, color, national origin, religion, gender, familial status or age, and disability.

I would bet most who have that freedom end of chasing shiny objects and make less overallAnother way to think about it is stock investing, if you are constantly changing your stock picks versus riding out a specific portfolio my guess is those that do nothing win (in normal economic conditions even like today)You are far better off picking the right horse and sticking with them than constantly chasing the next shiny object

For instance, lets say you don't want to rent to a certain race, or people with kids, or any other protected class.

Sure, the "fun" factor might be lower, but you have to make sacrifices in life to succeed and get out of the rat race. 

But here are all the details straight from the horse's mouth: https://www.fanniemae.com/content/guide/selling/b2...The article you reference mentions rehab costs being included in the refinancing but that's not listed in the Fannie guidelines: "The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan."

Looking for a way out the rat race and real estate is looking the most prominent any meetings, advice or starting point. 

Drag racing, doggie mother, food lover, master crafter and more.

HOWEVER when I was 30 years old wild horses couldn't keep me from trying it.

Find 25 people with $10k each or more and you off to the races.