We don't have to be all (every loan is 15 yrs and neg cf) or none. 

I also completed about 15 flips in the last 3 years.Last 5 yrs. has not been a walk in the park, especially with having a full time job, wife and 2 daughters. but it has been worth every minute.

@John Powell To count rental income in DTI, FHA requires that you have 2 yrs of landlord experience.

I myself escaped to Seattle WA a few years ago after 25 yrs in CA for many of the same reasons you talk about.

The servicer is really to protect the borrower anyway but it does take away ALOT of legal issues from the lender (you).FWIW the US national average for time spent in one house is 7 yrs.

i am with u, but in this case, they are "breaking the process" and we will need a new process. that's the second change i have to do in 2 yrs.. first WilliamPaid now this pile of dung.

I was able to use that as a down payment and we were able to close without any problems.I hired some help and we were able to knock out a quick intensive remodel and were able to get the house rented in 6 weeks.  3 yrs later I still have the same great tenants and it rents for $900 a month. 

How long are you intending to hold these properties...are these the kinds of properties you still want to own 20 yrs from now or will you trade up etc...

The other thing to consider is that if the IRS or congress changes the rules/laws on Roth accounts, or if you wanted to use the money elsewhere, you can withdraw the full principle amount with no taxes or penalties once the account is 5 yrs. old since you have paid taxes on that money already.

As some say 32811 (Orlovista) is bad and I've lived in the area 2 yrs with no problems in a gated community.I have been looking at SpotCrime.