Financed at 80% the other 20% ($140K) came from HELOC's on past deals essentially putting us in at no money down.

Financed at 80% the other 20% ($140K) came from HELOC's on past deals essentially putting us in at no money down.

Very flexible.After or instead of Roths if you dont have extra money after cutting out all non-essentials, do RE if you're ready. 

Is it essentially just the prevention of being penalized if I were to refi from that originating loan?

Essentially, FHA is stricter when it comes to 3-4units, and they want to ensure that 75% of the income will be more than the monthly mortgage payment. 

Ask questions like will you pay a cap to your broker in both states, what is each cap, is there an extra brand fee (sorry I don't remember what the official term is for this, but some brokerages charge 6% more) and is this extra fee for each state essentially doubling your expense?

When you own duplex / twin homes, that is essentially the same as SFH.

It is essentially still business as usual, as far as I can tell.

However, you can avoid debating this topic if you follow @Bill Brandt's suggestion of essentially renegotiating your lease to rent less for less money.

Essentially, giving my partner two immediate types of return on the investment from cash flow and my interest payments.