I don't want to unnecessarily offend the seller because I'm sure they can't accept that offer but on the other hand, it doesn't hurt to throw it out there...right?

I am not sure if this is a good rule of thumb, but i try to make sure that my mortgage loans do not exceed the cash i have in hand.

If not we will probably walk on this one but appreciate any input on a way to get 100k in hand.

However, I do not forsee a problem with that scenario as money is not changing hands and it is not becoming personal use property.

You are also correct,the more they spread the homes into the hands of smaller investors, the more it will mitigate mass movements in the market as each will have their own "plan".What is interesting in reading FHFA findings is that they are pushing for public/private money partnerships, no doubt making Uncle Sam the partial landlord in some grand socialist move.Though Carrington/OakTree just announced $415MM raised & dedicated toward the program.

You can always ask questions in the forums, but you can also use the search function in the upper right hand corner.

Put it on the market... get as much as you can and bring whatever you need to closing to get it off your hands.

I make the offer and close on the property and then hand it over to my contractor and don't even talk to him for a month of so until the property is ready.

At the end of the 4 years I will have converted approximately $60-80k of housing allowance to approximately 25% equity on a 30-year note [minus taxes, repairs, incorporation expenses, etc].Then, the gray-area: I have some cash on hand, and zero debt.

I suspect they'd have some sort of fight on their hands if that were to happen.The financials for the board need to be disclosed to you before you buy, but you may need to ask for it.