Hi Zafer,The best bet to know what the property tax is on vacant or improved land is to look at the local county's assessor's website.

The only caveat is you are only allowed one active FHA loan per customer.

Michael,I would suggest you reach out to local investors there in the SF area and ask to grab a coffee, a beer or a meal. 

BP also offers a link to connect with local agents to help you find your investment property.

The 1% rule isn't law and came into existence after the housing crisis but now is harder to find- https://www.biggerpockets.com/blog/1-percent-rule-deadAttend local meetups to find out what the market is doing on a local level.

You may want to try a local hard money lender for these property types and a local bank for the refinance. 

Hi Debbie,That sounds like a really awesome setup and bravo to the local government to allowing this!

Go to BUILD YOUR TEAM at the top of your screen, and you can search for other MEMBERS or LOCAL MEETUPS.

In all honesty, unless you or someone on your team has extensive knowledge and experience in credit, mortgage finance, secondary markets, and portfolio management, your company is probably better served by building a deep and meaningful partnership with a small local lender to handle this for you - or maybe even buy such a lender with infrastructure in place as a turnkey solution.

This agreement can specify that Cousin B manages all rental activities and reports the rental income and expenses.Property Management Agreement: Cousin A can hire Cousin B as the property manager for the rental portion of the house.