If it's a standard conventional loan, they might prohibit a 2nd mortgage behind it.Even if allowed, the bank will definitely look into total LTV, DTI, credit, cash reserves, etc to make sure the deal makes sense.I did it once in the past.

Today's guidelines prohibit a cash out refi with individuals with 5 or more Fannie Mae loans unless done in the first 6 months after purchasing the property.

Any direct or indirect transaction between the plan and a disqualified party is considered a prohibited self-dealing transaction and is catastrophic to your IRA and your pocket book.Disqualified parties include:The IRA account holderTheir spouseLineal antecedents - parents, grandparents, etcLineal descendants - children, grandchildren, etcThe spouse of a descendantAn entity like a business or trust where one or more of the above have controlling interest through equity or decision making power.Family members not on the above list are not disqualified.  

If you prohibit landlords from raising rent to markets you will not maintain the supply of affordable housing; you will reduce the supply of affordable housing through condo conversions. 

I've spoken with them indepth regarding additional activities like sleding and bicycles...and it kind of goes like " if its not expressly prohibited in the policy we cover it...we ask you to provide helmets, life jackets Yada yada."

Fannie Mae does not have a rule prohibiting having 2 at the same time.2.

Thank you Frank, I currently cannot afford to go BIG, as the cost of land is prohibitive.

Your Rental Agreement should prohibit them from making ANY repairs.

We try to screen our guests as good as possible, and prohibit parties.

So selling the option may have even been prohibited, I don't remember.