This will require you to do more expensive soils tests and also cost you in time during a feasibility study.

How practical or feasible is that?

These days, shipping facilities are happy to have you arrange packages to pick up at their nearest location, or he could have required it be signed for, in order to avoid potential loss.  

Hello,Exploring the feasibility of getting an owner occupied, FHA financed triplex in Dunedin, FL. 

Also, I know I've read up on blogs and heard in podcast about being sensitive for mailing to those who may have had a loss recently, ANY SUGGESTIONS for KEYWORDS that can help me trigger some good articles for a newbie as I push my first campaign out??

Obviously the IRS is looking at income and gains/losses.

I can think of plenty of Cons in this situation but this is in a prime Bay Area so I want to see how feasible this is.

But as most people have stated in this forum, it's better to get a bad tenant out quickly and cut your losses than to delay it.  

I like to weigh the risk with the reward and figure in probabilities.An ARM is often more feasible with better cash flow from the lower rate so I think if I were doing an ARM I would want an exit strategy in place in case rates were rising at an inopportune time.

If the seller has no more problems(loss of motivation) for you solve SOMETIMES it's best to agree to disagree.