There are definate tricks to increase your credit worthness.: 1st Don't be late 2st try not to exceed 30% of your available credit.

When we go under contract on a property that is rented, we not only have the addendum R but also require an Estoppel to be completed by tenant and seller that defines things such as payment date, open maintenance requests, etc.

See if there are building components damaged from people clipping buildings or backing into them.

The more you know and understand difference niches of real estate investing the easier it will be for you to define your goals and vision.

@Zach KuhnsA lot depends on how you define a mentor and what exactly are you looking to achieve:1) do you want to learn from someone who bought and sold many SFHs, or MFHs?

I think you need to define better what your goals/ideal tenants are.

HI Steven,1) Any 1-4 unit property2) Its basically just like any other FHA loan with a construction component designed to release money to your contractor to do work on your property whether it be a purchase or a refinance of an existing owner occupied home (key is owner occupied only not investment not second home)3) there are limits to how much construction or repairs you do generally the rehab cannot be more than 75% of the total cost of the project upfront or the after repair value (ARV) appraisal so basically no gigantic repair projects4) luxury upgrades will not be allowed and no detached ADU's or accessor dwelling units 5) qualification wise you qualify like any other FHA loan you'll want to review your income/assets/credit and figure out what your max purchasing power is so lets say its 500k and you find a 200k property then you know you can squeeze in 300k of repairs potentially.

FHA definition of  a family member is defined as follows, regardless of actual or perceived sexual orientation, gender identity, or legal marital status:• child, parent, or grandparent;o a child is defined as a son, stepson, daughter, or stepdaughter;o a parent or grandparent includes a step-parent/grandparent or fosterparent/grandparent;• spouse or domestic partner;• legally adopted son or daughter, including a child who is placed with the Borrower by anauthorized agency for legal adoption;• foster child;• brother, stepbrother;• sister, stepsister;• uncle;• aunt; or• son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-lawof the BorrowerTwo that relative is equally obligated with you on that loan.

But what components makes a deal “good”.

I'm waiting to define my specific criteria until I get to know this area a bit better, but I will definitely be using a PM.I'll be spending the next couple months getting to know the area and hopefully going to some REI meet ups and making some contacts.