Or if you have made improvements to the property and can justify a higher appraised value, you may be able to refinance the 1-4 you just bought with the FHA loan into a Fannie / Freddie non-owner occupioed loan, and then go buy another 1-4 unit as owner occupied without having to wait the full 1 year.

I would love to see their student success rates publicly posted as part of their marketing, not just the 'testimonial' with the accompanying disclaimer that this person's earnings/experience were unusual.

Being non licensed, you'll be violating laws by collecting a commission/referral fee for finding them a buyer.

Now, add attorney fees, etc.In Colorado, the county auctions the uncollected taxes to the general public.

Some folks in your shoes will put together a lease-option (if property is not much underwater) to get a non-refundable option fee from a tenant-buyer (around 3% of the option price), shift the first $x of each maintenance outlay to the tenant-buyer, and be rid of the ongoing PM expense.

Bridge loans, offered by private money, non-bank lenders is a viable alternative.

That lets you raise money for a deal like this without doing an "public offering".

However the loan officer has informed me that non of the rents can count towards my approval of the loan.

Some non-free non ones are"Rich Dad Poor Dad" by Robert Kiyosaki"My Life And 1000 Houses" by Mitch Steven"What Every Real Estate Investor Needs to Know About Cash Flow" by Frank Gallinelli

My sole intention with running the numbers in the BP public eye is to put myself on the block for criticism, and critique.