Good Afternoon, a little off topic but from my layman's understanding of current economic times, parking ones capital into real property or silver and gold is a means to buffer against the DECLINE of the U.S. dollar, not its strength, and its eventual removal as the world's reserve currency.

Do you have reserves for the items that may need repair when you are gone?

However, I would have to save a little more to make the down payment, meet the reserves requirement for all 4 properties and also for closing fees....

I went through the lease and I found this paragraph in the lease.It is stipulated and agreed that in the event of the termination of this lease pursuant to (a) hereof, Owner shall forthwith, notwithstanding any other provisions of this lease to the contrary, be entitled to recover from Tenant as and for liquidated damages an amount equal to the difference between the rent reserved hereunder for the unexpired portion of the term demised and the fair and reasonable rental value of the demise premises for the same period.

You can never have enough cash reserves when investing especially now.

I have no problem getting my hands dirty, and have adequate reserves.

I've noticed that the reserve price is usually 20k less than the MLS price.

For example: You can lease the first 5000 feet but reserve the lower depths.

Each requires a minimum 15% down payment off sum of purchase price plus rehab dollars plus a 10% of rehab budget emergency reserve.

It's it very important to have adequate reserves, especially in our current market.In summary, the Home Possible mortgage makes more sense for you based on the returns, but if you need/want to keep a higher cash reserve, than the FHA mortgage may be the right choice.