However, when the tenant complains and takes you to court, I can't imagine that any judge would rule in your favor of taking $3,400 to repair something so minor.

The 6 month seasoning is only for Fannie/Freddie conventional loans.You can cash-out sooner via commercial/portfolio loans without any seasoning period.The catch is that the rate/term will be less favorable than agency loans.

Multifamily will help you to scale more quickly than other strategies and demographics are in your favor with increasing numbers choosing to rent rather than buy.

Consequently, I don't imagine there are many property managers out there who don't have a shed or a garage full of building materials for use on their own properties that someone else paid for, and a contractor or two in their back pocket willing to do them a kickback favor or two.Is this slimy?

The numbers seem to work in favor of Facebook.  

If so, they have made a $4,000 mistake in my favor.

Repeat.Work slave job with W-2 documentation for 2 years to gain favor with banks.

I personally am in favor of using self-directed Iras for real estate and real estate related products.

Of course, if you could refinance into more favorable terms that would be a better option.If you want a retirement plan then multifamily syndicates will pay a 7% preferred return, offset against depreciation and you also get equity upside.

In a year the numbers will be more favorable as houses turn over.