Greenock Financials 2018 2021 Revenue $‎60,030 $‎64,640 Gross Potential Rent $‎62,400 $‎67,200 Avg.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

(substantial value add opportunity, significant appreciation potential etc.)  

The 'guy' can either move out immediately or the can both submit an application to rent the property together. 

They told me they have a few SB-9 applications in process and expect it to take 3-4 months (ADUs they're deciding within 30 days).

Lastly, have you had any applications?

His "owner occupied" loan application is ok if he intended to live there when he applied.

You screen applicants because you don't know them!

- You've got to go to the property for showing- Many do not show up, so you waste your time- Then you have to have a legally compliant rental application & lease- Some approved applicants disappear the day before or day of lease signing!

This includes preparing the property for renters, pricing it right, marketing, application screening, collecting rent, dealing with unpaid rent and other lease violations, security deposit disposition, inspections, and so much more.