Recapture is the lower of the gain realized from the sale of property, or the depreciation deductions  taken on the business property .

Therefor you can find great cash-flow for less capital and lower competition from owner-occupants/flippers.Lesson to be learned is getting feet on the ground in those neighborhoods to understand the differences in product type and highest/best use.

If you have rehabbed the property, your most likely already good on any items that FHA would want to see versus the conventional loans.All PSA have a time frame for the buyer to make loan application and get pre-approved, although that time frame is typically around 5 days.

This will hurt the lower income people that the rules was probably intended to protect.  

Do you have any rough time frame estimate you can share on when the kinks will be worked out?

Yes, there are pockets of the city that support $1,250/month for a luxury 1BR, but one block over or across the street a lower-end 1 BR might be only $450/month, not $800.

I did quite a bit of research when I heard about the HELOC to pay off you mortgage and then using that account as your main account to funnel all your income and expenses in/out of etc etc.....the principle is that you will have on average a lower balance that your are paying interest on each month etc.....and read a lot about comparing that method vs just applying extra principle to your mortgage.

They may do it with just a lower LTV 60-70%.If they wont give you the HELOC I dont see why they wouldnt just let you open up a secured line of credit with the duplex being the collateral

I kept telling every landlord even if your place is brand new, rent is way lower since 2015.

., tear out to studs) to be livable by lower middle class standards.