Is there a way to determine whether a property was previously listed on auction.com and was relisted due to it not hitting the reserve in the past?

Obviously you'll want to confirm any of this with your lender, but this at least gives you something to prepare with.The common items in the article are either relocation or an increase in dependents, but it also mentions if the LTV on your first FHA loan is in a good position that will be considered as well.https://www.fha.com/fha_articl...

as long as you can pay the mortgage and taxes (ie cash flow positive or have cash reserves) you will be fine. 

Though, you'll have to make sure you have the cash reserves just in case things don't work out and you have to fill the home again. 

My LLC is not one of these funds, so that confirms that I can’t benefit from that tax strategy on these deals.

Be sure to have 6 months of reserves set aside etc.   

And roughly a few weeks after moving, still unpacking we noticed some serious grading taking place on the other side of our fence.After doing some research with the help of our realtor we ended calling the department of public works to enquire about the construction and they confirmed that there was no permit for grading or construction and that there hasn’t been any in the past 15 years.

I would follow up with him to confirm if he is still interested in submitting an application and advise him his wife will need to fill one out as well.

Ah ok so you have reserves up front for maintenance.

The rates quoted, 4 to 8 seems like a pretty wide range, but it's actually pretty accurate depending on whether you go with a product that's income verified or not, the amount of reserves required if any and the dscr of the property.Best of luckStephanie