I don't have intentions of going conventional in the near future, all depends on the market, there isn't a penalty for early termination.  

Seems to me the big takeaway here is this was never an issue of a misunderstanding of the law, or an accidental indiscretion...this was purely an intent by the Schober's to commit fraud.  

This includes mold, asbestos, termites, sewers, foundation issues, jacked wiring, etc.Things like furnaces and roofs are discrete problems that anyone get get a pretty tight bid on and are usually straightforward.For me, the single biggest deal killer is functional obsolescence or ill-conceived DIY additions done decades ago.  

It's not that off-market listings don't "exist," but any broker claiming to have them sounds inexperienced, ill informed or downright irresponsible.  

Additionally, intentional discrimination in violation of the Act occurs if a housing provider treats individuals with comparable criminal history differently because of their race, national origin or other protected characteristic (i.e., disparate treatment liability). 

I get that everything is for sale, but my intent is to hold them...forever. 

KyleThe FHA guidelines say that an individual may buy a 2-4 unit in which to live as his or her primary residence, and make a 3.5% down payment.If your LO (loan officer) is not able to do this loan, immediately we think1) Your LO's company does not offer FHA loans...this is unlikely but more and more of the big lenders are getting out of FHA mortgages completely.  2) If you already own a lot of rental units in your city, your LO may think that his underwriter will wonder if you are really going to live there, and what your true intentions as to occupancy of the property are going to be. 

Sometimes the type of property and area dictates the tenant pool available.Lower income areas to some middle income earners are not as affluent and well educated and have trouble financially managing their money.This leads to well intentions but the tenant constantly struggles with getting by to survive.

If they merely entered the window with the intent to steal some eggs, that would just be criminal trespassing and destruction.

I think Francois' intent is to make the investment with retirement dollars, and not take the funds as a distribution.