Brian did a great job outlining potential risk.

@J Scott Is this last paragraph outlined more in this book u spoke of?

As I said, there is no difference between what I've outlined and a swapping of checks. 

The wording will outline what perils are covered and what are not. 

Megan - thanks ... you might want to get several agents working in tandem for you as the areas you outlined are varied / widespread .... maybe a " team " of agents will be best approach If using a loan to purchase - get pre approved ( if you haven't already done so ).... thanks 

Please link articles that could help me outline the positive talking points around this option.

I've also begun working on plans to help outline the workload/role requirements so a new person working with me can be easily onboarded.

And, from a phone call, you're not going to get permission or even detailed outline that will be the overall opinion of the regulatory office. 

Once you have an FHA loan you are not allowed to have another FHA loan unless relocating a great distance for work.Now that you have exhausted your Low Down Payment Options (Portfolio Conventional and FHA Conventional and FHA) you will need to use a Standard Conventional Loan and put 20% down to get your 3rd Duplex.The sky is the limit...you could continue to buy properties and build an empire or just stop there and enjoy more free time...I have friend who quit his job and just manages his properties now.Keep in mind that this 4 step process I outlined takes time (anywhere from 1 to 10yrs depending on the person) so keep the big picture in mind but don't let it stress you out too much.

He actually outlines steps to take for new grads and those who earn median incomes to step into the real estate game.