Passing the Self-sufficiency test on 3-4 unit properties with FHA financing is truly a nightmare. 

Knowing that this will be an investment property in the future make sure you run your numbers conservatively and include the PMI for the FHA. 

@John D.Without self-employment activity, a self-directed IRA will be a better match for you.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

Hi Alex,I've included your deal in the SFR model.

You are thinking about it correctly.Of course, all strategies you choose has advantages and disadvantages, including SEO.If a strategy existed without any disadvantages no one would do anything else.The key is to analytically weigh in the disadvantages, feasibility, probability and risk when determining what to do.

Once we start talking about bigger pieces of land that that woulud appear to developers (i.e. homebuilders or developers who do self storage, medical office, industrial, retail/commercial) then I usually can market to them without necessarily having to put on the market, because I know who the players are in SoCal, and that helps especially when seller doesn't want to do an exclusive listing, but will let you bring offers off market.But in general, for random pieces of land that aren't necessarily for the big developers/builders, you certainly need to put it on the market. 

We exclusively work with contractors that come recommended from other investors.

While I can't definitively say which are the absolute top 5 zip codes in Columbus, I can help you narrow your search for Class A neighborhoods that offer a good balance of rental cash flow, low vacancy rates, safety, and strong school systems.Some promising areas to consider based on general market research include New Albany (43064), known for excellent schools, safety, and strong rental demand, although cash flow might be lower due to higher property values.

Had two units broken into, around 3:30 on a Friday. Did our normal rounds of our 7 locations. Noticed the door latches broke. Called the police once we got a download on a memory stick we gave them. Notified the tenan...