So I would lose about $500 a month in possible profit, but I would gain in the security that no matter what I would not be stressed to have to make a mortgage payment  Thought?

May I ask what you did to secure those deals? 

then GFC hit and most everything fell nation wide 10 to 80% depending on location.. 

Hey BP community, I have a seller offering owner-finance for four units: a 3/2 double-wide, a 2/1 SF and an up-down (2/1 and 1/1) with a great three car garage.

Renovate units and swimming pool, secure perimeter and add secure access gates. 

@Sean Hou the 10 loan limit is not 10 loans, it is actually a "10 financed properties" which means any property that a loan (or multiple loans) secured against it.

Hey BP Community,It's best to go in with your eyes wide open. 

:Basically rather than using the reverse mortgage as an extra security for retirement, can you use the reverse mortgage as extra 'income' to show lenders & potentially qualify for a larger loan?

Although they can do the appraisal you will still have to show your capacity to carry a line of credit through qualifying which they will look at your income and job type to assess the risk of creating a line of credit secured against the home. hope this helps. 

The driveway didn't seem close to 6.5m wide so not sure how that could have made to meet the requirements for a duplex.7.