A home with a 1:1 ration of baths to beds is not too common so that's worth a premium.

If I'm correct so far, I'd have gotten rid of this property a long time ago...that is if I would have bought it in the first place.Don't rationalize a bad deal into a good one.  

(Debt service coverage ration).For instance if your PITI payment is $1,000 and your rent is $1,250, then the owner writers will not count the payment of the property against your personal dti.

I think if it is a true relationship they would want you to do the same and lower your debt to income ration by having the lower rate and the commercial banker would want to have you know that you now have a much more stable portfolio with the fixed rate product.

The upgrades will make it easier for the tenant to rationalize the increase in rent. 

In the long run, I recommend increasing your standards a little to help weed some of these people out.When I process an application, I use a score sheet with different criteria like length of employment, rent-to-income ration, credit score, landlord references, etc.

But generally, MF owners are more rational financial actors, so it would be harder to find one on the general market.So I'm having a hard time figuring out how I'd go about finding undervalued off-market MF properties.David mentioned MF meetup groups, but wouldn't the people you meet there also be looking to make profitable sales?  

I calculated my current debt to income ration at 37%.

LOL.cars are a hard one to rationalize... and everyone has an opinion .

I got mine down to 2%.A rational number would be one month vacancy per unit per year, or 8%