Sounds like you need a good realtor and not a financial advisor Sean!!

@Andy MirzaThe ERISA plan asset rules may come into play if pension funds are used unless the funds main line of business is the development of real estate (REOC), or the fund is a publicly traded company registered under the Investment Company Act of 1940.To qualify as a REOC the fund must invest at minimum 50% of its assets in qualifying real estate considered managed or being developed.

Hi @Natasha Richardson,I recently purchased a Multi-Family with an FHA and would recommend you do the same if you're financially able to.

@Carlos PenaYes, either buyer or seller can "change mind" after signing contract.However, contracts are legally binding so there are consequences if both parties don't agree to the change, usually financial penalties.Check with your local real estate attorney to know what the consequences are with your particular contract and whether it is worth your time and expense to enforce the contract as signed.

I am voraciously listening to as many financial podcasts as possible which is how I discovered BiggerPockets. 

Once you have the cap rate, ask those same agents / brokers for multifamily rent comps that are comparable to the asset class you are targeting. 

I'm willing to invest wherever it makes financial sense and there's income to be had and a business to be built.

If I meet the other financial requirements will lack of multifamily experience be a deal killer? 

Never talk to them about financial literacy. 

Now any other time I would automatically reject a candidate for having an eviction, but I am thinking if I should reconsider given boyfriend's financial background.