Newbies create a lot of different issues, however.You are probably not going to be able to use Fannie Mae as a contingency.

@Will Mejia it sounds like you don't want to deal with residential tenant issues anymore, which is fair.

People who have service dogs (or horses, as these are the only 2 service animals) that are genuine have no issue disclosing that on the front end and can answer the 2 questions easily - is the animal necessary for a disability, and what specific tasks has the dog (or horse, if you're getting one of those) been trained to perform? 

I don't see it as an issue but many still do, at least in my small town where the majority of renters are elderly people looking for low maintenance housing options.

I am thrilled to have access daily to accounting, tax planning, business planning and Law issues I can have addressed with a team that is working together to meet all of my needs.  

issued guidance saying that you can use LLCs if you get approved to do so.

You've only owned it six months, so you probably haven't dealt with vacancies, maintenance, or capex, but you should be setting money aside for those things.Your partnership agreement (if you have one) should address exit options.

Some part of these neighborhoods change drastically, but the main issue is the amount of supply.

Typically, co-op's are less valuable than condos for a number of reasons such as supply/demand, lack of investor interest, older units, estate planning issues, financing and board policies. 

We’ve only foreclosed on a few properties, all without issue, so I’m uncertain what qualifies as 'airtight,' Jonathan.