Michael Seeker Thanks for the reply, I haven't met the guy yet it was an initial online application.

The parcels have already been subdivided and recorded with county along with all applicable easements, etc.

I have not purchased a MFR yet but have run numbers on numerous MFR listings over the last couple years and in my humble opinion, returns on SFRs still greatly outperform MFRs in this area when vacancy, utilities, maint.

If you've got a tenant, or tenant applicant, with a qualified disability, then accommodating their special needs for a companion animal can not just be ignored.  

In the past, I have purchased numerous properties, but they have all been vacant.

I've had only a couple of applicants ask about, "any sex offenders in the area?"

(A recorded trustee’s deed or similaralternative confirming amount paid by grantee to trustee may be substituted for a HUD-1) Preliminary title search or report must confirm there are no existing liens on thesubject property Sources of funds for purchase transaction are documented If the source of funds used to acquire the property was an unsecured loan or a loansecured by an asset other than the subject property, the HUD-1for the refi transactionmust reflect all cash-out proceeds be used to pay down, if applicable, the loan used topurchase the property.

When HUD comes in to audit your files, you will be fined, or possibly criminally charged, if they see inconsistent applications of the policies.

As for repatriating the proceeds to Germany, an accountant should be able to advise him on any tax agreements between Canada and Germany/EU that may be applicable.  

As soon as I have this 3hr class complete I can submit my application for my RI RE broker License.