Typically the expression is figurative right?

My concern is that because the HAMP program is a partial claim on the FHA loan, will that affect my ability to get an FHA loan, even though it is my ex-wife's house that is utilizing the program?  

A few of which I utilize for most of my deals are through partnering with other people, or syndication.

It will also clearly define you as the tax payer for the property since a living trust as you're anticipating is typically a disregarded entity.

@Ryan McEniff based on my education and training when analyzing a deal I use the following for operating expenses: Check with the local area you are buying by asking the local experts, but as someone who is a real estate Broker in CA, our average closing costs on the buy side for a buyer will run between 2%-3% of sales price (most of that comes from lender origination fees). 10% vacancy (most deals I see when being offered for sale are between 5%-8%, but if it pencils with 10% I know I'm probably covered on vacancy)10% for property management (until I know exactly what the PM fee is then I would modify, but average is 8% to 10%)5% for R&MActual Property TaxesInsurance (Get quotes from 3 companies and take the average)Landlord Utilities (12 month average.

I typically pay 10-15% interest depending on the project. let me know if you are interested.

Ask the utility service provider.

Typically I get a quote from a large company in Indy and then he takes 20% off.

What are the typical range of costs for repairing foundations there in the slide area, in your experience?

She typically hosts a few events near you in Kapolei.