No other loan terms will be as good as the FHA terms and a fourplex TRIPLES the number of “rent generating” units you can buy under these terms.

I also like that you have your goals set on at least tripling that number.

You might look into triple net commercial which is as close as you can get to stress free real estate investing.

I have a great general manager still running the masonry business back in Odessa and the commercial buildings are all leased out (triple net!)

I would say on premium triple net properties it is doubtful.Too many other players ready to put skin in the game.They don't have to deal with tenants,toilets,and termites and get a 6 to 8 percent annual return.You might be able to structure something with a non-corporate tenant but that carries a bunch of more risk.You can get into these properties with less skin as lenders that do credit tenant loans will go 90% LTV.So you could in theory structure these no money down but again there are big companies gobbling up triple net with hoards of cash.If you are assuming a loan the lenders feel much more comfortable with a big corp with tons of backing,cash,and a track record for performing.The other benefit is that with the big company as the buyer the lender will let the personal guarantee go on the loan assumption.If you are just Joe Blow wanting to assume it they might let you with a personal guarantee still attached to the seller.This has just been my experience and there are always exceptions to the rule.

Is there any public records that I could get a hold of to find out why the assessment almost tripled?

One triple net leasing deal I had close with my buyer client and the attorney for the seller wanted to redo the sale after words because he didn't set up the 1031 for his seller.

Refer to my first blurb, check your state and local laws.Lastly, I'm not in AZ, but triple check your laws regarding "for-cause" and "not-for-cause" evictions.

I became notorious as the 'guy who did a triple eviction'.

On average, a STR can triple your returns vs a LTR.