I've done many google searches, and have yet to find anything that satisfies my curiosity..  

Just be careful, read the documents and ask questions until you are satisfied.

To your question, if you don't withdraw the funds, then it can be used to satisfy your reserves, if required, but cannot be used for down payment unless liquidated.Then save VA and Conventional for future properties, there is a very strategic reasoning for the order in which you use your financing, as far as qualifying/guidelines.TYFYS and best of luck!

I want to buy at least a triplex (preferably a fourplex), live in one unit for a year to satisfy the FHA requirements, and use the other three units as short-term rentals.

On the other hand install is very very simple once you get the groove going and the floor is very durable (we have never needed to replace any so far after 2 years.So to break down my opinion (Theres way smarter people than me on here) Snap Together Vinyl Plank with underlay might be good for your sound situation, However if your tenants are able to destroy it, (ie: Defective High Heels or Scratching the floor) its 2X the money gone since the planks are super hard to replace.

I do have a couple of questions.1) What about obtaining clear title on a tax delinquent property where the owner, or anyone with an invested interest does not satisfy the delinquencies during the redemption period. 

If you're satisfied with the neighborhood in general, and you don't necessarily have any compunction against owning a property near any business that attracts business traffic, AND if the numbers work, I wouldn't worry about being across the street from the liquor store.BTW, nice skylights!

Its a very durable paint that can be cleaned easily.

Their agent would be violating their duty if they got 1 cent less then they could.Having said that, as the Buyer, I have to; Know what I am getting (use the correct numbers / reasonable assumptions)Understand the local market (local comparisons; what are similar properties trading for)Be satisfied with the risk return calculus (what is the current return and what may happen down the road)

In your second scenario, an attorney would present the facts to a judge who would order that certain deficiencies in title or chain of title be corrected to satisfy title company.