Here is an article: https://www.fha.com/fha_articl...Hopefully you prove me wrong and there is a 5+ unit product!

But I think, it being a Honda S2000, the price might actually go up at some point as it’s rather popular. hasn’t been in production for ten years and prices have remained rather high.

We managed to take a $3.5M building and create a cash flowing stabilized product valued at $6.75M today.

Starting with a mortgage calculation based on what loan product I might be using.

It's going to increase the number of arbitrage units, which I think decreases the quality of the product.

Do you usually suggest getting the more expensive quality product or something a little bit more in between?

In my experience there isn't really a "first time home buyer" loan product.

Too many meetups become sales pitches for people pushing product.

The key is that it is actual real estate and the definition is roughly - real estate you have the primary intent of holding for productive use in business trade or for investment. 

But flipping does not have huge spreads because it is cheaper, typically first time home buyers are buying in the area and can't afford higher-end products so there is not a huge demand for flips.