I've had a recent situation, this is in Georgia and every state's different, where one of my tenants let a 'friend' stay and that friend then refused to move out after 2 weeks. 

.- Purchase a 2-4 unit with an fha loan- After one year, I can buy a 1 unit with a HomeReady loan w/ 3% downB)- Don’t refinance fha - Buy a 1 unit with HomeReady loanThe opportunity cost here is not refinance get fha and missing out on an additional stream of income from getting another multi.I just started with my research and I know there is more out there.What I highly suggest those starting out to do as a short term plan is- buy a 2-4 unit with the HomePossible loan w/ 5% down- after 1 year, buy another 2-4 unit with an fha loan with 3.5% down- after 1 year, buy a 1 unit with 3% downI heard this plan recently on the JF1401 podcast.

Most recently I have focused my attention on investing out of state to get better return (cash flow) on my investment.

Recent news around here includes a cyclist obeying all laws in the bike lane run over by a 5 time drunk driver.    

I recently connected with a local investor who has 20+ years in construction and uses private money to buy properties.

However, my underlying concern has always been the horror stories of how these rental rockstars 'lost everything' during the recent crash. 

The neighborhood property price has gone up in recent years for about 30% and I am thinking about selling it on the market to investors (8.87% cap) but first I like to present it to the tenant/operator and offer owner financing and carry a note.

Based on your research into recent sales and your interrogation of a local appraiser, you conclude that the current market capitalization rate for properties of this type in this neighborhood is about 9%."

However, I have recently spoken to our internal underwriters about this and know it is not that simple or cut and dry.

I recently met one in Atlanta and he never heard of wholesaling and never worked with one (now he is!)