Typically it has to be over 144K and then under your remaining allotment.

He may be legally in the right, but it's still a lousy way to do business and he failed to satisfy.

This way will allow you to benefit both from the money remaining in the mutual fund and the use of a large portion of the value.  

I would suggest you will be better off  if the renters leave and you start over if you really want the property, as you can then do a credit check or what evere you want to do until you are satisfied with them.   

Pros include guarantee rent payment every month, can maximize rents in certain zipcodes, and usually rents quicker than free market(in my local market).Cons include repairs needed to satisfy the Section 8 inspection. 

If you keep your balance at 50% of your credit line, once interest is about to kick in, you transfer the balance to the other half of your credit line and re-set the interest clock so you remain interest free for another 6-12 months.

FHA has more requirements you have to satisfy which can cost sellers more money in repairs in comparison to FHA.You mentioned FHA supplemented by cash.

In hindsight there was no way I was going to close a deal with randoms who also had little experience but it was a start.I wasn't satisfied with Zoom calls so I decided to attend an in-person event.

Sue them for the remaining monies owed per the lease.

Not a sales pitch, just saying that we have a lot of exposure to the ocala market.The ocala market remains red hot.