The most common exemptions are rental units in these categories: rental units (including condominium or cooperative units) owned by a natural person whoowns no more than four rental units;" - https://dhcd.dc.gov/sites/defa...Thanks for the help in advance! 

Naturally when looking at investments they cost more to you because they are riskier.

Naturally, the lever is much more powerful in a lower cap rate environment.

.- 3 months cash reserves typically are required based on monthly PITI payment- health and safety of the property must pass a fha appraisal otherwise repairs will be required to be made (chipped paint, leaks, loose handrails, GFCI (ground fault circuit interrupter) outlets in baths/kitchens/wet areas, holes in sheet rock, double strapped water heaters, CO(carbon monoxide) and CO2 detectors in main living areas, and etc.Those are the general items to utilize FHA financing.Hope that 

We currently pay $110 a month for lawn maintenance (every other week), but I’m considering removing the grass and putting rock in the front and paving the backyard

It sucks to see savings go down, and by nature, people don't want to let go of it, but it will likely to be to your benefit to pay off the 17k, and instead of paying debt with interest, re-fund your savings with that payment.

An accredited investor, in the context of a natural person, includes anyone who:earned income that exceeded $200,000 (or $300,000 together with a spouse) in each of the prior two years, and reasonably expects the same for the current year, ORhas a net worth over $1 million, either alone or together with a spouse (excluding the value of the person’s primary residence).

Natural disaster, property damage remediation are two that can leave you in a serious pinch.Kwame

You guys and gals rock.

A mobile lot with utilities in (water, good septic, electrical hookup, and propane tank or natural gas connection) and a dilapidated pre-HUD mobile will bring $30,000-$45,000.