I am now approaching 115+ days since assignment on my first 3 deals and because I am in NYS, my attorney tells me that I cannot even speak to buyer’s or seller’s attorneys due to “breach of contract”.I lost my first deal in fact because we were hindering on 130 days since assignment (should have been long closed) and the city decided to demo before we closed and were able to takeover in court.

Nothing for you to worry about.How long has it taken you to get an offer? 

That's a decent area over there in Euclid / South Euclid, definitely not a D neighborhood, so as long as the property is in decent shape, you really should have no problem renting it out. 

For the long term investors, the returns have been spectacular.2.  

My prospective tenant’s last three housing situation.  1.

Are these long distance flips you're doing? 

I have been a Wealth Advisor for the last 9 years, and I started a Airbnb rental arbitrage business about 3 years ago. 

I only do long term rentals so I shouldn’t have an issue with that.

It's a long term investment, not a quick ROI.

You can absolutely keep going from FHA to FHA (as long as you move into the properties), but you will need to refinance to first home into conventional before using FHA again.