I definately have my own opinions and I will share those later so as not to influence the debate.

If they go up a substantial amount, you "solid deal" turns in to "miserable craphole" in 1 board meeting.I wouldn't buy this place at 138, because it doesn't meet my minimum numbers ($150/month cash flow AND 15% CoC).

The costs of the MIP on FHA is substantially higher, and it is locked in for the life of the loan. 

UNFIT HABITATION - Tenant and Landlord hereby agree that in the event that the subject property becomes unfit for human habitation as a result of fire, major storm, flooding, or other substantial circumstance, this lease agreement can be immediately be terminated by the landlord.11.

But it might cost substantially more.

You can use the equity in your current home when you refinance, but depending on how much you put down on your current home, it will probably be a while before you have any substantial equity to take out.

I've passed on a few names, but I didn't get involved so I have no idea what happened if anything.I realize`a "real" RELO thing would or could be a big deal, hard to organize, but seems too that more referrals could be made.Good thing about referrals is the third party influence, so long as the referring party has a good relationship with the one referred.Anyone referred customers to others out of your area?

I'd hate being in actuarial sciences, but I understand basically how and what managerial data implicates an outcome or influences a solution.

Yes, when dealing with listed properties you'll have to use the FARBAR. 60 day options, with no substantial option fee, are going to be extremely rarely accepted.

The local banks can't touch this kind of set up and terms.Another option if you want to go after the ultra small apartment buildings is to partner locally with someone there who already has substantial deposits at a local bank and needs a cash partner on a deal.