This is because FHA loans are assumable, which means that a potential buyer is willing to pay a higher price for a home if they can take over the existing low-interest rate mortgage.

@Nathan Gesner  Some of you may already be aware of whats happened with land values for properly zoned property.

Things like valet trash, cable contract reimbursements, RUBs, common area expense budgeting, proper staffing levels, AI revenue management, PPMs, subscription agreements, blue sky filings, commercial lending standards, commercial building codes and permitting, ADA compliance, etc.  

Traded $1,900 in rent for a small 1 bedroom apt to $1,500 in mortgage and house bills for a 3 bedroom apt in a house I owned.

HI Hernan,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

I was fortunate enough to receive a gift of equity on this property to cover the down payment and my mortgage is around 168k.

I plan on requesting the following quarter report if I offer.Average Monthly Expenses per triplex (maintenance/insurance/repairs/utilities/property taxes/vacancy):$730.50Estimated mortgage: $1,132I plan of offering $200,000 - $205,000 due to two of the rooms not being renovated, roof needing work, and after being posted for going on 3+ months.

Having a mortgage payment plus needing to pay an extra $1k/mo towards this TSP loan will crush any cashflow you had hoped for.  

Pierre Eade Hey Pierre, There are DSCR 2nd Mortgages available if you are having trouble qualifying for a traditional HELOC.

Any deductions (including mortgage tax, insurance etc.) added there was split accordingly and corresponding amount was shown under rental deductibles.