Something about people being on vacation makes them lose a lot of common sense! 

Ask what pitfalls tend to hurt refinances so you know what to avoid.

Common sense will answer 95% of this for you but that 5% can bite you. 

No moving of walls, or changing of the layout (except the kitchen but changing the layout is pretty common on 1-2 fam homes too and they don’t require drawings .... 

Details as it comes to tax law are ever so important - a common answer very well can be "it depends" until you can provide more information.

I know this is a real-estate forum, but if you choose to explore this route, 2 great books are The Simple Path to Wealth by JL Collins, and The Little Book of Common Sense Investing by John C.

Another common ranking method is to factor appreciation over 1 year (which is a ridiculously short period).

If these guys spent their creative theft time productively we'd all be living on Saturn and the common cold would be a distant memory. 

I just want to keep my options open and know what my exit strategy would be if I do have to disposes before the ten years.FYI, since I did the original post, the broker sent me the lender defined YM sheet of the contract, and I will just go through and start crunching some possible scenarios, to get an idea of what kind of hit I would take...ALSO, I asked about Owner carrying a second if I a buyer assumes the first and he asked the lender who replied that it was very common for Fannie to do a supplemental second along with the assumption of the first, in this type of a scenario.I welcome any advice or opinions...please don't hold back, I have thick skin!

MFRs are available in a couple markets, 2-4 units, but definitely SFRs are more common.