The fha 100 mile rule will be triggered whenever you try to vacate your current primary and also trying to use the rental income to qualify.However, this 100 mile rule can be exempted for the following rulesRelocationIncrease in family sizeVacating a joint owned propertyNon-occupying co-borrowerIf you are not trying to use FHA on your 2nd househack, you can use conventional and the rules that I mentioned above will not be a concern.

Regarding the new unit, it should also have a seperate entry and as you mentioned it has its own bathroom and kitchen areas.

I think taking the step to meet with people to have the conversations really helped expand my knowledge, not mention the great relationships built.

Cannot have your cake and eat it too (take the payments but then say invalid contract)If it’s a contract for deed (which sucks in Missouri as it would have been faster to have a traditional deed of trust and note), it may state they are responsible for upkeep of the propertyBut if there are no violations and they are making payments you will have a difficult argument to take property backAs mentioned get an attorney

I have units that need to be remodeled but I'm waiting to get the cash together.

This happened a month ago and he never even mentioned it. 

My and Wife special in this area, we have tons of free content on our Page and our YouTube on the options you mention, and we try and cover the good and bad of each.

I'm waiting on Buy It Rent It Profit's to roll out, it should be very simple to use which is key for me.

You mention current rent rolls/income so this means you own other rental properties, yes?

I heard 1 month for USDA, 3-4 months for FHA so just seeing if I should wait if I am at like 3months PITI before applying.