There are non profitable majors such as art or psychology, which I have a Psyche degree!

Interesting and good topic.A tenant was weaseling out of not paying rent and she goes and gets an attorney,which is a long story but she tried to get me for not paying her interest on the security deposit, it was in escrow with her name on the account but I didn't give her the interest. 10 -15 cent with today's interest rates.I just gave her security deposit back to make it a moot issue in court.We are famous for taking care of our non paying tenants here in Mass.

All those years the tenants could have been breathing and absorbing the chemicals still in the walls.

With FHA if you are living in one of the units you will but 5% down vs 20% non-FHA.

OO= Owner occupied (i.e. primary residence)NOO = Non owner occupied.Couple of notes:1) I heard it from a little birdie at my loan broker's that the fannie mae limit is going up from 10 to 12 soon so we may be able to go to 12 in a little bit.2) Once you get over 4, you're going to need to really do some digging to find lenders that can do the 5-10 loans (i.e. loans for properties 5 thru 10).

You will find a cleaner one for close to same price.Matt

Commercial can be great, but I haven't seen any non-tenant driven projects in quite some time here.

Hey BP Community-I have started a business with another investor and we are now doing our first non-owner occupy multi-family property.

In many other parts of the country this would be a non-event.

And my second concern; would a non contract agent provide the necessary comps.