After reviewing your application, we’ve determined that, unfortunately, we are unable to move forward with your application at this time, as it does not meet our established criteria for income and (other established criteria) We appreciate the time you took to apply and wish you the best of luck in your continued search for a home. 

@Colin Ford Spend a good amount of time building your team in Florida.

I'll work on reviewing my state laws & getting something like that into my lease. 

In the end, it would have made more sense to hire a couple handymen for a week or two than me spending 3 weeks installing flooring, base and case.

I want to hear some feedback to know if it's good to spend the money and time in his program.

As a MF agent who spends a large amount of time calling apartment owners (or rather, numbers purporting to be apartment owners), please believe me that reaching out to random run down buildings owners is unlikely to get you any deals.

That's understood.Page 19, Two faces of Debt: Federal Reserve Bank of Chicago - "banks exchange a borrower's "promissory note" or "security" for a check that other banks can deposit" (so the note is funding a check) same page states, "...the borrower can spend the deposit acquired by borrowing"... 

We also had the option of another type of policy that was even less expensive that would have required us to spend at least 1 night in the house and rent it at least 30 nights each year.

Chris,What are you looking to finance or accomplish I ask because with a quick Yelp review there are some negative reviews.

Let the money stack up until you either want to buy another SFH and do the same thing, or decide to spend it on a Ferrari.Just my 2 cents.I can’t argue.