It is usually allowable up to 6 - 12 months after the purchase. 3.Buildings are determined as commercial or residential based on the official cadastral category by the local council.4.Commercial mortgage LTV Max 60% depending on the specifics. 5.Not an issue using foreign income for affordability calculations if salary is taken into account. 6.Property valuation is conducted by a valuation company requested by the bank. 7.Residential mortgages can be up to around 80% LTV depending on affordability. 8.

As to the quandary posed by the OP: The root of the issue is that it basically sucks to be an RE investor these days.

I keep a very healthy amount of reserves to avoid using my insurance unless I have a catastrophic issue.

A few days ago I found out about this article so it looks like a tenant is suing the property management we used as the my partners. https://www.kxxv.com/news/local-news/in-your-neighborhood/mc...

Quote from @Richa Wardhan: Regular lender financing, we have paid off 70% of our mortgage on the primary residence so we were loaned money without any issue. 

Other than cost overruns and unforeseen issues, I think it's just a question of if this is worth it.

Maybe it has more to do with the software than the company (although their customer service sucks), in which case you might run into the same issues with other emulators, but it has just been constant headaches.

Has anyone ever had a similar issue to this?

There’s a number of issues to go through.

Majority of my target market is International Students, serious about their Studies, not interested in causing issues.