The only exception I can think of is with VA loans-  they'll allow some of that stuff but they have $0 down loans, so it's likely not even an issue if this was VA. 

Conventional would be better if you have a bigger down payment, but if you have limited funds you can't beat 3.5% Down, unless you are prior military and can get a VA loan at 0% Down.I've also partnered up with others and have had a good experience investing in Pa, lower cost to start.  

I've never ran into this with all the buying we do here in Virginia, so it made me step back for a minute.

I never hired a property manager, but have hired a full time VA and full time maintenance, which I'm training to do a lot of management duties. 

In those that allow pets, we require a pet deposit for each approved pet they will be keeping.Here in Virginia you can't charge more than two month's rent as a deposit.  

Sorry, I went back and read the subject article, I assumed it was another, my gooof, but it also says the program would only apply to securitized (secondary market) mortgages that are not govt. guaranteed (FHA/VA).

Are you using a VA to handle your contracts or is it someone in your office who handles multiple tasks?

Customers who placed money with brokers should contact them directly for more information about the status of their funds.http://www.fdic.gov/news/news/press/2009/pr09013.htmlBank of Essex, Tappahannock, Virginia, Acquires All the Deposits of Suburban Federal Savings Bank, Crofton, Maryland Suburban Federal Savings Bank, Crofton, Maryland, was closed today by the Office of Thrift Supervision, and the Federal Deposit Insurance Corporation (FDIC) was named receiver.

This is in the Roanoke Virginia area. 

I am looking to purchase a multi family property using my VA loan.