The total cost of loan w/ interest at end of term (pretty much positive it isnt this one...)Thanks!!

And that whole road after the wild animal park turn off has been totally redone. 

For example, if the city has a multifamily measuring 3000 square feet of living space, will the total square footage of the three condominiums also equal 3000, or is a different means of measurement used. 

Wrapped up 2 deals in the first year (3 total doors with tenants until next summer) and have taken a few months off.

Remaining tax would be total taxable gain less depreciation recapture less PAL carryforward (from "unused" depreciation expense)Alternatively, could I not depreciate the property (which i did not do for the past 2 years in error and need to file amendments) and file a Form 3115 (application for change in accounting method) in the year in which I sell the property to catch up and claim all the the missing depreciation all at once?

Also....if you already own a property literally within 100 miles of where you are trying to get the FHA loan then the FHA will not let you get that loan.Other then that it is VERY similar to the VA Loan.If you're getting orders to another base....I would simply wait until you get there and (as long as it's 100 miles away from where your VA loan is) then use the FHA loan to buy a small multifamily.Live there for a year in the FHA property.....THEN refi out of your FIRST VA loan........turn it into a conventional loan.......and then Get a VA Loan at the new duty station that you got the FHA loan at.....then when you get orders somewhere else....REPEAT.I know of people that did this VERY succesfully when I was in the Navy and when they did their 20 years they ended up with 2 properties at each duty station every 3 or 4 years for a total of 20 plus duplexes that supplemented their military pension and literally were able to retire at 39 and 40 years old respectively.  

This property also has a potential to produce $1600 dollars in Rent per unit (2 total units at this time).

@Reece Register - Totally makes sense!

But I'll bet the Reader can sort the one from the other.......

Owes $120k but the seller wants 30k (150k total offer)3.