Quote from @Jim Stanley: You should reserve insurance for large claims.Contact the city and report the issue to them.

Our rep at Lendbase never called to apologize or ask if a prepayment penalty was an issue for us.

And folks that need to do that dont have the capacity to deal with a loan that has been called and a seller that is madder than a wet hornet if you goof up their credit.Then the other major issue glossed over by everyone is there is a minute amount of sellers that will even entertain these transactions and most of the time your paying a premium for the asset.

The buyers did a long inspection, multiple days... made a huge request for concessions based on what we knew to be purely made-up issues.

I think the engineering issues on them have been resolved.I've used a number of different brands (lower price point) and haven't had issues with any of them.

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

I also know of several law firms who have not been paid in over a year then will not work for them any longer.  

And agents are legally prohibited to engage after closing - at least per Wisconsin State law. 

My underwriting would have this large negative cash flow for 7 years.I would do a thorough underwriting but want to show using quick math the issue so I will use the 50% rule.  

That means there is not really an effect on the debt to income ratio neither positive (income) or negative (loss) but rather simply making that payment  non issue.