We need to accept that and make things happen in spite of where rates are right now.Let me know if you have any other specific questions. 

I have some land about to be under contract where I plan to clear it, reinstall the utilities, and either build on it or have a smaller new home built on it.

My plan is to work on on-market deals and focus on building long-term relationships with agents to bring me pocket listings. 

Depending on the specific Cap-Ex on the Triplex, we might be able to remove that when calculating your income and either improve the loss or actually show some income.

You'd have to engage a grading contractor who might be able to give you a ballpark estimate, but it would maybe have to be engineered with rough and precise grading plans to determine costs. 

My plan is as follows:Keep stuff in my name so I have more lending options and better rates, including credit unions. 

We are long-term investors (10+ years) and plan to use the properties for cash-flow when we retire in 15+ years.

I have 2 specific questions. 

If you plan to ever make personal use of it (as in staying in it on your own vacation), look at financing for 2nd homes. 

Make sure the future FHA loan you want to originate is on a home you plan to occupy as your primary residence.If you run into any trouble doing this please reach out to me.