The city is trying to regulate short term rentals and shift some of that inventory back into the permanent housing market.

@Josh Smith I bought my first home in 2011 using an FHA streamline loan.

Without a shift at that level, most of the major changes Beshear would be in favor of supporting will be hard to pass.There could be ripple effects into the rental market if social service agencies see changes in their funding levels from the state. 

If you do decide to pursue a 203k, I would recommend doing a 203k streamline loan. 

With the shifted market I don’t want to bite off more than I can chew

Must be a very recent, or perhaps regional, policy shift as we have 5-6 unit properties under residential financing with CIBC and RBC  

I'd shift gears and look out of state. 

Locally most of my credit unions will not lend to an LLC therefore I would have to either by the homes outright and not get caught in a bad market shift or use my personal credentials to get lending.

While I am growing my sales business now, in the long run I could see my focus shift more towards investments and being an investor-friendly agent.Since I've made solid connections, educated myself and bought my first property I really feel like I got the boulder moving and am excited to see what the future holds.My focus now is buying multi-families in Somerset County and other nearby counties.

I recently had a shift in friends.