This is an old audit, but the gist of it is the recommendation is for HUD to drop the 12-month OO requirement. http://archives.hud.gov/offices/oig/reports/internal/ig0730001.pdfIf someone has information to the contrary, please post a link.

I appreciate the link you posted here.

Any tips on best places to move to in the Fort Lauderdale, Hollywood, Boca areas?

From my personal experience I have done most steps described in the post and now that my business is at more than two years my personal credit is used less and less.I am new to this site so I am unsure if I can provide the articles link.

Here's a tip for working with an appraiser that can save you a bunch of money.

@Jenna StonecipherWow thanks for the link Jenna.

Here is the link to the Club list here on Bigger Pockets: http://www.biggerpockets.com/real-estate-clubs/illinois.html

I'm looking forward to trying out my new knees on the links.

Hey Guys -If this issue continues, please go to this link: http://www.biggerpockets.com/cdn-cgi/traceAnd email us at support at biggerpockets with all the information that pulls up on the page for you along with the time that you get the error.Thanks!

After the seller pays the closing cost that means you only have to come up with 3.5% which would be 7k.Wish you luck, here's a link about student housing:http://www.multifamilyexecutive.com/student-housing/revenge-of-the-nerds.aspx