Hello,NYC resident here eager to get out of the city with my fiancé and begin our real estate journey with our first purchase.

- thanks and  assuming you are  planning to reside in the home and you dont have a FHA loan on any other property - you should be able to use a FHA loan. 

My goals are for him -  to ensure that I have enough money available for him to get whatever care he needs (he's fully independent now, still works on his bobcat, healthy, etc. - so I guess I need to estimate what those would be - he is in his 70s and has uncles and aunts that lived until late 90s and one until 102 when no one did) and a comfortable retirement (he is extremely frugal so that's not an issue).

If you meet most of the criteria, some may not care.4.

@Kim LeJeuneI have to assume that it was a rental house, as opposed to your personal residence or a flip.Each monthly payment has 3 components: interest - taxable as ordinary incomereturn of your principal - not taxablecapital gain - taxable at various ratesYour down payment has components #2 and #3.Interest should come from an amortization table. 

If you already own it and it was a personal residence that you don't want to sell providing you live somewhere in the area, have an interest and understanding of your local rental laws and aren't in California (the laws) or Florida (the possibility of assessments) then self management is a possibility. 

As a rental tenants won't always take the best care and I don't want to be disappointed when there are holes in the wall-and there will be.You my friend, might be too much in love-so don't bid like a lover.

While non-profit partnerships might offer guaranteed rents, carefully assess the terms and potential long-term impact on your investment goals.

@Adeeb Shaheer you aren't going to get through this script with most agencies, particularly in health care Q1 is good to ask for health care Q2 for health care is typically 13 weeks so skip it. for other groups it is worth asking Q3 is typically no for health care, these days at least.

@Kermaury MusgroveMy first rental property was renting out my primary residence instead of selling it when I moved.I agree with Bradley's comment.