Ideally, try to stagger individual rent raises throughout the year.

Ideally I would be able to invest in other properties in the near term but I am also concerned about tying up all my available capital and loan potential in the house too.Thanks for the discussion.

Also, debt to income ratio isn’t ideal.

I deal with investor borrowers on a daily basis and see an equal amount of B&H’s to F&F’s scenarios.

The single family homes were in a niche area that I was intimately familiar with, and another that I was even more acquainted with (right across the road from my house) and I had recently been interacting with some investors wanting to grow a portfolio in my city, so I put this in front of them and proposed a partnership and we found a mutually ideal situation and took it down!

To minimize the impact of that data-point, and thus minimize (or, ideally, negate) any appraisal shortfall, you will want your Realtor to host the appraisal, and you will want your Realtor to provide documentation (not words, docs) supporting your low low purchase price as having a really good reason. 

Not an ideal scenario. 

;o)I would ideally like to use the money to set up one VR and another traditional in the same area to see how they compare. 

My ideal loan: - No min. per door value (there are few houses in the $30k-40k range)- 30yr schedule, I can deal with a 5, 7, 10 yr balloon- 80% LTV, no seasoning- non-recourse, but I can deal with recourse- min loan amount of $500k is OK, total portfolio value is close to $1M- low origination fees / pts- desktop appraisalsI would very much appreciate some feedback on the scenario, your experiencesThank you,Adam

I do like the ideal of getting the FHA loan in strictly my name so that later on she can still make use of one for our investment goals .