Since purchasing with the intent to live in it while we fix it up we have taken our time with the remodel starting with the 3 bedrooms, 2 bathrooms, and family room that we aren't using regularly.

or a small claim would do it?

Other lenders and claims can step in front of the lender by placing liens on the property.

Look into home warranties and determine how long you have to wait to file a claim. 

@Paul Stewart I would amend to the lease as soon as possible, that the tenant has to pay for regular pest control service.

We of course will also work with regular listing and purchasing of homes. 

@Sam Nadar what about a regular conventional refi and do another FHA on your next one?

The 3 Children would potentially have claim on 50% Of the property value.

Even if you get lucky with long term tenants who accept regular rent increases, you can't count on that when running the numbers.

I locked in @....70 percent LTV. 6.125% @ PAR, & 5.99% @ .5 points.There are definitely a lot of people out there with BRRRR stories claiming 80 LTV on multi families, but they must be telling the bank its their primary home, which I wont do, not worth it.Thanks again!