You need to keep some reserves, and plan ahead.

I apologize for not providing this info ahead of time.

I'm sure I'm be encountering the same  situation down the road, might as well prepare ahead of time.  

If you want to deal with him on flips then go ahead but any interaction with your tenants is a huge liability.

Go ahead and start the legal process you'll get through it and you'll be better for it as far as dealing with this business of yours goes.

Go ahead and get rate quotes, just to make sure no one is crazy.

:)Im a currently in the Army and am getting ready to make an offer on a fourplex and use my VA Loan- no money down.However, I have also found a duplex that I think would be an excellent investment.I would like to go ahead and by 4plex and purchase duplex (they want 66500) for.

Eventually, these rules will published, so I recommend you to be ahead of the game.

I look forward to the many discussions ahead!

Can the listing agent not step in and say "I'm going to be making an extra $14,000 commission on this, so I guess I can cut my commission a bit to cover the $6,000 closing cost and still walk away $8,000 ahead".