We learned a good lesson on always having a backup plan.

You're probably doing touch-up paint, a heavy carpet cleaning for bedrooms, fixing a burner on a stock that doesn't work, changing the locks, etc. after a year or two.

You can also lean on your team's experience and have back-up when you run into snags or do not know how to proceed with a situation.

I guess what I am trying to say is there is the EXIT strategy and the backup strategy.  

After the flood we were required to have a moisture test on the studs and certificate prior to closing back up the walls.

Lately I've been hearing that the prices in my area have gone up higher than expected (Oakland County MI) and it's a total seller's market.Here's my dilemma, the house is right at the exit ramp from the highway and getting out of the house is a hassle, when leaving the house usually you have to back up carefully to avoid all the cars exiting the highway, basically it's the house with the worse spot to get the car out of the house, my thinking was it should still be easy to rent because it's close to Royal Oak (hot city) and some young professionals will live with it because of the location and it's not their investment to stay there for a long time and that turned out to be true, had no problems finding a renter.

I have not tried that but there are PM's that say tjhat is a great backup option for solo operators. 

We actually have a 3rd space ready to go, but it's on the back burner while we focus on one of our other ventures (an event venue) and we're also waiting until we have enough demand to sustain a 3rd house.For 2017, we're netting about $1,350 per month on a 90K investment.  

There's really no such thing as insulting so long as you have solid reasons to back up your offer.

I want to acquire a dup,tri,quadplex.I already know ill be able to get pre approval due to building my self back up properly after the BR so assuming i can get a deal in which the numbers work are there any other restrictions an FHA will place on me due to said bankruptcy like not able to rent out, not being able to buy multi family, etc etc ?