I am not smarter then google.I do not hate you b/c you are good.I do not feel stupid.I do not wish to continue arguing with you about this.I wish you luck in your en devours.Just for fun I thought i'd share my monthly web traffic as well

You could also argue holding equity in properties is more secure than having money in the stock market. 

Those rules are meant to be there for people who are learning their ABC's. 

Unless your law prohibits this, you signed the lease with that clause in it, which makes it pretty tough to argue your point.

However, one would argue that manufactured housing could ALSO fit into that category, and it looks like he did okay, right? 

I'm not going to name any big bank names, but when I look through the "ABC Down Payment Assistance" guidelines I see "XYZ Big Bank" logo all over the ABC guidelines.

ABC Roofing Won't let me post their contact info in the thread I will send you PM

You'll have more financing options with 1-4 units than 5+.I'd argue that it is fair to go with off-market rents. 

Sure, you could argue that you'd be collecting rent from your tenants, but good luck finding a multi that has enough positive cash flow to cover the entire mortgage, taxes, insurance, vacancy, maintenance, capex and your living expenses, food, gas, utilities, etc.

You could be setting yourself up for a fall if someone argues that you are playing favorites by amending your lease for some tenants and not others.