I don't see it that way.About doing work your self well frequently it is not cost effective because of the time factor but in some instances if it's an expensive skill it's worth while.  

Kansas City for instance has had the 3rd highest increase in technology start up companies in the last 20 years.

If you're in Santa Monica or somewhere within a few hours of LA's world famous traffic, I'd love to meet up and hear about what you're up to.

Devin Morgan - So, tell me - am I famous, or infamous?!  

I didn't start a nationally famous blog as you did.  

Any other famous homes?

Its not really a rule that will matter in many purchases but I did have one where the rents were so far under market that it would have ended up requiring a 15% down payment since the total loan amount was restricted by that rule.Also, you can only have one FHA mortgage at a time, there are some instances where you can get another but they don't apply to most people.

You will defintely have to come in with cash in those instances to compete, so having that line available will be to your advantage in making your bid viable. 

I believe they just mean it is the best form of ownership allowed, "greatest ownership interest in real property" as even if you own it as a fee simple estate, there are always potential greater interests, like when government takes land for public use, but unless it is one of those weird special circumstances, it is "unqualified, of indefinite duration, freely transferable, and inheritable," meaning you are not limited like some others, a life estate, for instance, or I've heard of land leases where you own the house but not the land.  

I am still barely learning all the jargon for instance.