@Matthew Porcaro How do you convert a 5 or 6 unit back down to 4 for the FHA requirements?

The best thing you can do for yourself (and most brokerages may actually require this, I'm sure it varies by state), is to shadow another agent and put yourself in a position where you can learn as an assistant.  

I would ask you property manager if they could explain the entire eviction process to you, and ask to shadow them to court and ask to see all the paperwork required to evict a tenant.  

The key benefit to a Dutch repayment schedule is that they are often easier to find, the approval requirements are lenient, they tend to close quickly, and the calculation is very straight forward easy to keep up with.

Thank you,Inga I would do 150% the rent and require them to pay for a monthly cleaning service

We required it to be moved off the lot at buyers expense. 

Begin by meeting with the builder to understand his requirements.

It might require repairs and cleaning.

These loans take more time, require more docs etc. 20% down requirement (you are closing one time for the construction -- includes land -- and the permanent loan).You could expect rates in the 11-15% range for HML/PML.

Maybe it's worth finding a cash-flowing asset that you can invest into that doesn't require a new mortgage on your part -- something syndicated or a NNN TIC property where you're just buying into a portion of the property and its existing debt load.