It’s not usually a headache, but over time some things will get under your skin. 2.

Most lenders insist that you have so called "skin" in the game. 

Hi @Petur Karlsson, I'm sorry to hear that your agent has gone dark on you.I find the most helpful arrange to be this:  I have an insurance broker who knows how I invest and shops around to find the best coverage for the price on my projects. 

Other features creating a buzz with the help of TV exposure are rattan fixtures, subway tiles, stainless steel appliances, pale grey paint colors, and the resurgence of mid-century modern furniture— just to name a few.

They enjoy the house more, have skins in the game and I have value added at no cost. 

@Michael Qubein - I recall couple of hints in various BP podcasts on youtube/webinars from BP - like having them short/straight to the point, hand signed touches people, yellow font on red for color scheme, but not like a full template. 

@Trever Nicoll My understanding is yes as long as any LP's are well below 20% of equity, and the GP has enough skin and/or other collateral worth at least 20% of the loan.

Someone with boots on the ground and skin in the game is a key component to building that successful operation and something I will require if I attempt to do another long-distance investment. 

There are tons of ways to skin the cat.

However if circumstances change and you have a reason that you would have to move you can most certainly rent the FHA financed property out.Keep in mind you can only have one FHA loan out at a time, and you’re going to have PMI for the life of the loan so it might not be the best solution.In the Cleveland market I provide financing for a lot of people without PMI and I can do multiple investment properties for someone, but the more you borrow and the less skin you have in the game the less cash flow you’re going to enjoy.Hope that helps!