These types of questions would need to be ran by someone who was extremely educated and knowledgeable on FHA rules and guidelines....

He then proceeded to tell me that he thought that my commission was extremely high.

I am junior in college extremely interested in pursing a career in long term rental properties.

With its upkeep costs being extremely low relative to its price. 

I know these are extremes but those of us that have been in the business for some time all have our own stories to tell.Best of luck 

Boston was developing so rapidly that everyone was getting quickly priced out of the once neglected (now extremely trendy) South Boston area, and pushing buyers and renters into the even farther south areas of Dorchester and Quincy.

Inventory is now very substantially above the extreme lows seen in recent years, when inventory in the Austin area fell below 1 month (very extreme imbalance between demand and supply) for a sustained period.Here are the full stats for Austin and the greater metro:Here’s a chart showing the median sales price of a single family home in the City of Austin over the past two years:The median price for a single-family home in May 2024 was down roughly 10% from May 2022, which was the most recent pricing peak in the Austin market.For some context, here’s a chart of the median sales price of a single-family home in Austin over the past 10 years:As you can see, pricing Austin is still substantially above pre-pandemic levels.

My frustration with the bank is a) that their process is extremely slow and cumbersome and b) they are very, very conservative with their terms.  

Based on what I am charging my tenant I am extremely confident that I will be able to get that same amount as rent from another tenant when I move out of that unit to owner occupy an FHA property. 

In the market I'm in (Denver Metro) there is so much competition that you have to not only show your value but sometimes beat out competition which can be extremely difficult when other investors are always willing to offer another thousand on top of your last offer.