However credit score may effect the interest rate which you receive on this loan.

The $1M cap is an important restriction, but I actually think forcing issuers to have audited financial statements for raises over $500k on their 2nd offering will effectively make the cap $500k for real estate operators.  

I am not a lawyer and won't get into any of the legal stuff but here if two houses are attached it is one property and 1 loan.

In the event an applicant is rejected and reports me for an FHA violation I can prove I didn't even know the person was a convict, etc.If an applicant makes it this far and then a background check turns over a criminal history I will have to manually see if this history conflicts with having a legitimate and substantial effect on the community (e.g. a sex offender in an MHP full of families with little children is a non-starter for me).

I spoke with a lawyer last week about writing a lease agreement for me since I am renting my first property.

Depending on the bank, what review stage it is in already, will effect the time frames for review of the new offer. 

I have a lawyer, but he is not up on KY Landlord / Tenant law.Can I give notice and enter regardless of what the tenant says? 

I will be getting the Purchase and Sale Agreement soon and would really like for a lawyer to review it.

I will be getting the Purchase and Sale Agreement soon and would really like for a lawyer to review it.

I'm a newbie from Chicago looking to start out in real estate investing.I'm a lawyer by trade, but I think it would be wise to branch out into real estate investing to diversify my retirement portfolio and to have a bit of extra income each month.