A key difference between gambling and investing is control.

I'm going to continue using BP for knowledge, going to check out the local REIA, and simply work on gathering as much information as possible for my venture into real estate investing. :)@Sean Holmer I'm leaving my options open to all of Virginia at the moment.

Many Lenders that offer 100% Financing are less than scrupulous, and this commonly considered a red flag if you see it offered.One thing you might consider: seeking an equity Investor interested in going in on a Joint Venture type of deal.

This is a Joint Venture deal as we had our funds tied up into #2.

BTW, VA loans are assumable in certain circumstances, making it easier to move up, down or sideways in your real estate investment ventures.

Denver is a really hot market and properties close are much easier to control.  

It's not only you that needs to qualify for FHA but also the building itself and with low rents (rent control) 3 & 4 units hardly ever qualify.

My brothers in law and I are venturing into the possibility of buying a MFH and becoming landlords.

Can any one answer this question, you have a tenant the is living on a lease that is rent controlled or rent stabilized and they die.

@Jonathan DragoAbsolutely not.You and any business you control are viewed as a disqualified party to your father's IRA.