VA/FHA sees my income as minimum wage because of this and wont consider the tipped portion until I have been on the job for 2 years.

My numbers were just rounded off examples to show I have about a $500 net rental Income use the spreadsheet in this thread.https://www.biggerpockets.com/forums/49/topics/306671-how-does-a-rental-property-affect-your-debt-to-income-ratioMy question mainly is, shouldn't they just be adding my net rental income to my income portion of DTI?

A vendor take back is when the owner holds a mortgage for a portion or all of the purchase price.A subject to is when you take possession of the property (the title is transferred) subject to the sellers mortgage staying on the property.

The tenants were using the partially finished portion as an extra bedroom.

Because a Rent-to-Own builds up equity for the individual renting the property, the courts can view it like creating a mortgage and if your not a mortgage broker and if you do this more than a couple of times a year, you could face hefty fees and need to return a portion of not all of their rent.

Everything on the original lease is dated December 10th, 2019.On Page 6 of the Apartment Lease Contract, the Special Provisions portion states: "Market rent: $2299 = Total Monthly Rent: $2299.

I guess I should’ve mentioned that I have been building my credit for around 8 months now, so the co-signer was just for the income portion and I was actually just pre approved today.

I rent condos, so they all have an HOA that covers a significant portion of ownership costs including capex (e.g. roof replacement, exterior paint, etc).

Some tenants are required to ay a portion of the rent, but you can collect a security deposit to mitigate the risk.

I can't really see why he'd want to do seller financing unless you were putting a large portion of money down.