Is that risky from a liability standpoint where I can be personally be liable if a suit arises for any reason?

Putting an age limits on pets sounds like a good idea but impossible to enforce

If you are considering a 40-50 unit through syndication (using other people's money)...why limit it to 40-50 units?  

I think I’d try to get 2 or 3 grand for the drama. 0% chance an inexperienced person with limited funds is walking away from 10k.

Mls fees, board association, e&o insurance, general business liability insurance, electronic key fees, licensing fees, continuing education, any fees your broker might charge, increased auto insurance rates.

Here is more on Home Possible:http://www.freddiemac.com/homepossible/Here is a lookup to see if your property is in a census tract with no income limit for Home Possible:http://www.freddiemac.com/homepossible/eligibility...For Fannie - yes, it is possible your DTI is too high but that would mean the opposite of what you said for Fannie above (the lender said your income was too high). 

Lets say ARV is 200k, your limit is 65%, so the MOST amount of capital a lender will give you is 130k in a 1st position. 

Just be wary though - The home office deduction may possibly be limited if you do not have net income.

The marketing would be limited to free services (ie.

I wouldn't buy again under those same circumstances as an investment, but it made sense to me to keep due to the very limited money I had in the deal and the low rate from buying as a primary.