I'm finding home sales super simple compared to my corporate sales job.

As long as the relocation meets the two requirements above.Increase in Family Size - A borrower may be eligible for another house with an FHA-insured mortgage if the borrower provides satisfactory evidence thatThe has had in increase in legal dependents and the property now fails to meet the family’s needs; andThe loan-to-value (LTV) ratio on the current principal residence is equal to or less than 75% or is paid down to that amount, determined by comparing the outstanding mortgage balance to a current residential appraisal.Vacating a jointly-owned Property - A borrower may be eligible for another FHA-insured mortgage if the borrower is vacating (with no intent to return such as divorce, legal separation, etc...) the principal residence which will remain occupied by the existing co-borrower.

Not knowing your holding period isn't a good sign --as it often also means not knowing your exit strategy and will likely spook any anyone trying to fund a deal.From an FHA standpoint, 3.5% compared to 20% for down payment may be good (less hit to the wallet) but also may be moot in terms of getting a deal to make sense for a noob investor in LA.

Real estate is not a widget, nor does it trade in a widget like market nor is it comparable to non-essential items, like a car or boat.

Vegas has a lot of inventory comparing to Fresno.

@kristal the 1% or 2% rule is the amount of rent you should charge your tenants compared to the amount you owe for the property.  

They then subtract what they determine the value (V) will be on comparable sales and assume the difference is their profit.

Of course if you compare what they go toward to that of a SFR, some would say it's a break even and other's would say it's not and that SFR "costs" can be better controlled.

How accurate do you think it is and how does it compare to actual MLS that realtors use?

., the court found that in determining unconscionability, the trial judge may consider: 1) the amount of the proposed rent increase; 2) the landlord’s expenses and profitability; 3) how the existing and proposed rent compare to rents charged at similar rental properties in the geographic area; 4) the relative bargaining position of the parties; and 5) based on the judge’s general knowledge, whether the rent increase would shock the conscience of a reasonable person.In my opinion if you're basing the increase on market conditions and not on trying to take advantage of anyone or increase the rent as a way to eliminate a tenant you'll probably be fine.