I've been lucky in that I have a few RE Agents who are "delicate" pit bulls.

H U D will determine that the seven unit limit is inapplicable only if: (1) the investor will own no more than 10 percent of the housing units (regardless of financing type) in the designated redevelopment area or sub-area; and (2) the investor has no more than eight units on adjacent lots.Interest Rate and Discount Points These are not regulated and are negotiable between the borrower and the lender.

Originally posted by Mark Hu: This would be nice, to not have to change and throw out lock sets every time a tenant moves.

@Steven Hu Thanks!

Also, I need to be a little delicate in how I approach a lower price since my best friend and him are pretty close.  

It goes without saying that refinance is a delicate topic as current interest rates will either help or hurt you in the process, combined with potentially expensive closing costs and a reamortiation on your loan.

@Jane Hu knows someone that has 7 or 8 rentals and 3 of them have HELOCs from one bank IIRC.

You need to handle the situation delicately as they are probably distressed and in need of help.

Hi @Amy Hu really sorry to hear about your experience investing out of state. 

For example, I may want a vinyl plank flooring, but in my home I might be pickier about the colour than I would in a rental.