And follow up in another few months if it’s still there.I’m Not to experience flipper yet, but I’d suggest you keep ur final sale price conservative, if you got a market with new homes being built similar size to urs, that would make it harder to sell/compete with(assuming ur house old).Hope that helps

@Derek Bugg Your loan scenario fit under following guidelines in Fannie Mae:- Children wanting to provide housing for parentsIf the parent is unable to work or does not have sufficient income to qualify for a mortgage on his or her own, the child is considered the owner/occupant.

Nicholas, just another follow up.

I’ve always been a believer that whatever mistakes we make in life are life lessons and meant to be shared so somebody else didn’t have to follow what hardship those mistakes have brought.

My question is the following, if I buy an investment property (while continuing to rent where I live), does that prevent me from qualifying for an FHA loan later on when looking to own my primary residence?

If he didn't follow the required time frame then he is in default and the lease should also state the penalties as well. 

@Gary Clisele So if you want to stay completely passive then follow what @Mike Dymski and @Caleb Heimsoth offered:Notes, index funds, syndications.

Hello Everyone,Does anyone have answers to the follow questions? 

They're following in the footsteps of success stores like Belmont.

Follow up question would be what areas have you personally seen do well in the mid-west?