Apart from falling under one of the very specific exceptions (e.g., relocating for a job, your family grew too large and your current property cannot accommodate it, etc.), I'm not aware of any "exit strategy" that would allow you to obtain an additional FHA loan apart from selling the property or refinancing into a conventional mortgage.

Pretty much everything looks good except property taxes.  

There are certainly exceptions, and those individuals are worth their weight in gold.  

If the credit scores are the problem give exceptions and look at the report not just the score.  

I have almost all the books there - with the exception of the book on flipping houses - love their content!  

It went well, except for the fact that I was not getting enough rent to cover the mortgages!

Not so much.... unless you're exceptionally good at multi-tasking and can negotiate with buyers / sellers / investors, etc. while doing demo, framing out walls, putting up drywall, painting, etc.You should also consider your own skills, licensure, etc. versus professionals in the skilled trades and other occupations (attorneys, accountants, property managers, etc.).My $0.02...

They don't seem to want to move and are not much of a pain with the exception of a more than frequently common septic flush (I do this about  every 6 months and I read it should be once a year). 

We have had good and bad posted here about the DF Act and SAFE Act, I did listen to any attorney seminar (D-F expert, but not really) that broke it down quite well for investors, except that he went on to employ trusts, business entities, family members and other types of convoluted exchanges to justify staying within the exemptions.

I’ve been a member of biggerpockets for a while but I will admit that I don’t do a lot of posting and I don’t troll the forums much since I don’t have a lot of time working a full time job and rehabbing my current home but I have been listen to all the great podcasts.BTW, sweat equity really pays off, I gained 48K in just 2 years.But mainly it helped that I bought it as a shortsale just before the market started to come back up again, but that’s a whole other story in itself.So I’ve been trying to get into the investment side of things for the last few years and something always happens, outbid, too much work, foundation or structural issues, priced out of my range, not able to get enough financing through the bank and the list goes on and on.So I would like to get some info on hard money lenders and if there is one that is even reading this maybe they would want a joint or partnership or do just a straight out loan for 6 or 8 months and then I can do a refi but mainly I’m just throwing this out here to get some feedback to see if it’s even worth it.There is development of about 20 duplexes about 25 mins from my house, Roughly 10 years old.These are huge, each unit is a 3/2 and most of them have a single and a double garage but a few of them have a 2 stall for each side.Real hardwood floors, oak cabinets, vaulted ceiling and such.I’ve been following rental rates in that area and they seem to be solid since I’ve only seen one get listed at 1,400 per month.Tenant pays for all their own utils except for water.Last year one of the duplexes was listed for just a little over 250K and sold within a month.A few months ago, one of them came up on the market for 180K and I asked my agent.She did some digging and found out that the basement was flooded and it all has to be taken out, carpet, studs and drywall.