Okay so this is funny timing.Right after I saw this thread I got an email from an agent I met at a REIA meeting and sent an email follow up to.I was having a hard time placing him but the date on mine was April.Then I looked closer and realized it was from April 2013!

So I would suggest when you are closer to the 3 year period think if it is worth holding the property or sell it off for the appreciated value and move to the next one

If they don't like my offer, it helps you to later get changes in your listing and one step closer to getting it sold.

Your close rate will go up significantly.  

Assuming regular middle of the road type finishes, you're closer to 525-550 for the studio, 650-675 for the 2 bed and 800-850 for the 3 bed.

The waiver period mentioned that is set to expire on 12/31 only deals with resales where the purchaser is obtaining an FHA loan- There are no assigned HUD closers anymore.  

If we lived closer I'd totally invite you to have coffee to thank you for all these insightful posts.

I believe that grass-roots lobbying against these laws can make a difference.

The realtors info provided to me was "annual expenses on the property are 6870 dollars which includes grass cutting, snow removal, gas, water, electric, trash removal, septic maintenence, applicance updates, lighting, painting, repairs, etc.

They make suggestions of paint this, plant some grass here, replace this fixture, let you know possible problems that might keep it from qualifying for a loan for buyers, etc.