I'm now aware of any "lifetime" limits for FHA loans, but you're required to live in the property for at least 1 year after the loan starts.

Also since it's a 4-unit it would need to meet the sustainability requirement. 

Getting a construction loan without formal building experience is possible, but lenders often require a licensed builder or contractor to oversee the project.

Tough issue but it's unreasonable require tenants not hang things on the wall. 

@Rickey Mayes even if you buy a condo as a primary residence, alot of them will require 25% down if they do not have reserves and meet full review requirements.

@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest. 

I reached out to a friend who has a PM company, but they require all contractors be insured.

Hey Stepan,In today’s market, finding solid flip deals requires being more strategic with property selection.

Why weren't uber drivers required to get taxi licenses just like taxis did? 

Have you confirmed with BDS that parking will not be required?