They may look to the legislature to put restrictions on these types of real estate transactions.Consumer Advisory: Long-term Home Ownership Concerns (Wholesaling/Assigning Transactions and Distressed Rescue Transactions)While these transactions serve a purpose is keeping properties moving, there is a right way and a wrong way to do it.

The drawback that I have seen so far is that I cannot restrict the property manager to being able to see only the properties that he manages for me (i.e., if I want him to have access to the account he will also be able to see other properties that I may own but he is not involved in). 

Fannie has/d a deed restriction on their homes that prevented a lot of buyers from flipping them as-is.

Banks are bullies and restrictive

Finding a good flip opportunity on the barrier islands of NJ has become increasingly hard due to local ordinances restricting the amount of renovation to 50% of the “improved value” (assessed value of the structure) before having to raise the home to meet the new min flood levels.

Sometimes clogged up filters restrict airflow and leave the unit running harder and longer than usual.

You first need to know if there are any restrictions in your state landlord tenant regulations.

@Jeff Beaman just be sure to check your local ordinances/codes around basement dwellings...these are usually pretty technical and restrictive...in general, basements are not considered "habitable"...and to make them habitable is pretty pricey.

If you are at 24%, that may not leave you tons, but like I said above, if the numbers work, why not cash out that extra and use toward a downpayment and skip FHA and the restrictions of it and PMI.

Overlays mean the individual lender's guidelines or requirements are more restrictive than FHA guidelines....or Fannie or Freddie.