Following.

What are the consequences of not following HUD's recommendations to the letter?

The primary reason is I'm having a hard time following your math, the numbers given don't really line up - I'll get to that in a moment.

You can start smaller (6 to 8 units)  and work your way up.Screening in a strict but responsible process that will help you with your occupancy rate percentage when it's done correctly.

Iphone may be fine as I've got Android).You can follow threads that interest you to get notifications of new replies or you can go into 'followed forums' and select 'my discussions' to pull up a list of any topics you've replied to in order to see what's new.I'm sure there are other tips and tricks to navigating the forums, but figured I'd share the few that help me the most!

Rent never came.We followed our policy, started eviction proceedings, they did not respond or show up, and we got possession. 

FHA has very strict guidelines on how they lend.

I invest in multi family including duplexes and I have one 12 unit apartment, strictly buy and hold.

So I have been a member for a minute and have been following some posts and even commented and met a few people.

The commitment letter had the following language;Transfers/Assumability: Subject to Lender’s then-current underwriting requirements and compliance with the other requirements of the loan documents, the Loan is assumable by a qualified transferee of the Property for a fee of 1.00000%of the unpaid principal balance of the Loan at the time of such a transfer (a “Consented Transfer”).My question relates to the terms of the loan and savings to the buyer.