The FHA does not allow you to buy investment property using one of their loans with very limited exceptions.

Something from an advisor could be written by anyone.Social Security income has a maximum monthly payout of about $4k per month, and not many people get that (except the highest earners).

I want paying the rent to be a top priority of every one of our tenants.Determine if this is an exception or if they are likely to have an on going issue paying the rent.  

To start with, we have several rentals and have a great group of tenants that pay on time, maintain the properties and have very few issues to deal with . . . with one notable exception. 

I’ve gotten every home I’ve made offers on except a couple which had multiple offers at the same time.

It is a bit pricey but has all of the features you mentioned with the exception of allowing tenants to pay by Venmo, Cash App, Chime, or Zelle. 

For all intents and purposes, same as a checking account (except no FDIC insurance if you opt for the MM sweep). 

Originally posted by @Matt Tallent:Most of it is pvc except for where the pipe exits the house which is around a 2000 fix so I was trying to find an alternative. 

Except us, knowledgeable tax professionals who call out this crap.1.

Those are more “exception-worthy” deals than anything I’d ever want an investor to underwrite as their baseline.Where I see people get into trouble is exactly what you called out: pro forma rents and today’s taxes/insurance instead of where those numbers are actually headed.