If you get down to the Hot Springs area look me up and we can meet. 

I love in Oakland for the most part, and it is a very hot market.

This area is hot right now and the land values are "projected" to continue to skyrocket because we are stealing large corporations from all over the US and planting them here.  

Don't use spackle on repairs, have him do mud instead, circle areas with a pencil and use 5 min hot mud.

This despite the fact that I bought below market and one rather hot year of appreciation had passed.Keep in mind:  when you open a HELOC on a property you generally have to sign a document stating that you will live in your home for one full year.  

In DFW, it seems that multi-family, single tenant commercial, and SFRs are all as hot as they've ever been.

SFR's have taken off in Surrey and while the prices haven't gone up as much as, say, Richmond/hot school districts, they have done well, and they've pulled ahead of MFR's over the past few years (I called that one right a few years back and bought a fixer-upper house vs a townhouse). 

But must be verified by 60 day history, and must be a gift with no requirement to pay back.Reserve Requirements 3-4 Unit owner occupied properties must have 3 months PITIThree (3)- and Four (4)-Unit Property The maximum mortgage amount for the three (3) - and four (4)-unit properties is limited, so that the ratio of the monthly mortgage payment, divided by the monthly net rental income does not exceed 100%, regardless of the occupancy status.Livable Conditions The property must demonstrate the following characteristics: A continuing and sufficient supply of safe and potable water under adequate pressure and of appropriate quality for household uses.

The water will likely have to be common, as its likely not worth separating, but something to consider would be adding another water heater (while not required, i doubt many tenants would want to have their neighbors use up all of the hot water for the house.Then you have to consider adding the kitchen and many bathrooms.  

My clause does state that utilities "are not included in the rental sum...and are the responsibility of all the tenants in the household".