I never refuse to give someone an application, most of the ones I would like to refuse don't return it anyway.

That way you are protected against rate increase.You are in a good position to refi the FHA to a conventional and get rid of the MIP.As long as you are reporting the rental income on your tax return, you will get rental income credit to offset the mortgage.

As far as I know any bank in Ukraine will give this return or more with a regular savings account. 

It may be a distressed property or some other "must sell" situation where the seller's needs are best served by it.It's not necessarily a "use it anywhere" strategy.For example, you might use it to prevent a foreclosure - bring the payments current and make the payments going forward in return for them conveying title to you or your entity.

What types of properties are you looking for and what kinds of return do you want?

But we settled on an arrangement that we both were comfortable with: he bought a 2BR, 2BA condo for cash, and I paid him rent that gave him a 4% annual return over PITI—and I agreed to pay all maintenance and repair costs that came up.

I am currently in Alberta for work in the oil patch as an RN and will be returning to Ontario to be with my significant other in the Brantford area once the job dries up.

There is a ton of due diligence you will need to develop a park and it could take two years or longer before you start to see cash flow and returns but for the long-term I think they are a good bet.Texas only allows 7 homes per acre state wide and there are further limitations on well and septic vs. municipal utilities.  

They confirmed they now keep the deposit and return it to the guests if no claim.

We're not talking SF-over-the-last-10-years appreciation, but I'm interested in predictable investment returns, not gambling.