Hello All,It has been progressively worse since I have been seriously looking the past few years to invest in some SFH's to make rentals .Prices & interest rates have gone up making it very hard to have any decent cash flow return with 20%.

I feel sorry for you but at the same token, some things do not add up in my mind.First, I assume you knew that the HOA had filed suit against the builder, and I assume you knew what progress was made in the suit.

There are rights to work, conduct business, reasonable market areas, professional information and public knowledge issues to address and without any attorney my bet is that you don't have what you may think you do.

Any progress ?? 

I'm sure this is a good bet for others in Northern Cities-- what say you Chicago, Detroit, Boston, or Syracuse residents?

Typically you can live there for 6 months to a year and there won't be any repercussions if you move out and fill your space with a tenant.You can check out your specific state's FHA lending limits for triplexes here : http://www.fha.com/lending_limitsKeep us updated on your progress David, and welcome to BP!

You bet!

It just takes effort and community involvement, along with an action list in order to progress the community towards a better future.

Assuming that a loan was originated by a bank or other institutional lender or broker is compliant with state and federal is a nothing more than making a bet.

It costs us $2 - $4 each to generate probate leads so you can bet we're touching EVERY ONE of those with a well-crafted series of letters.