If this is a long term hold, a low interest rate is great. also concider the impact of the FHA PMI.

Hmm...Politics is forbidden on this site (I don't agree with that policy as politics impact real estate) so, I guess my social comments will need to pretty much end there.As far as a business decision, one of the most important tenant screening criteria is the willingness to take responsibility for one's own decisions.

Hypothetically, the property may or may not be student housing, and may or may not have more than 4 'families' Would this impact my insurance at all?

@Leonard Sanford Jr House hacking is such an impactful way to get such started, your savings rate will dramatically increase.

You see in Toronto the municipal development charges, what are called impact fees in many cities are incredibly high.

However, operating it is as a rental the key question is always in what tangible way will these impact your rent? 

I believe how this is handled is going to have a massive impact on the number of foreclosures and the overall state of real estate over the next 2 years.I would love to hear from lenders/servicers as they see volume, but would love anyone to chip in with personal experiences.  

I believe how this is handled is going to have a massive impact on the number of foreclosures and the overall state of real estate over the next 2 years.I would love to hear from lenders/servicers as they see volume, but would love anyone to chip in with personal experiences.

What's really wild is their acquisition philosophy overall, as described on page 8: "We intend to continue to expand our scale of operations and develop properties and make acquisitions even if the rental and housing markets are not as favorable as they were when we commenced operations, which could adversely impact anticipated yields."

. as far as businesses/restaurants will probably see the same impact that we did in 2008/09 on that front.