If I read this correctly, this essentially changes the 2 of 5 rule to 2 of last 10?  

If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help! 

The current owner listed last years income as $51,000, but currently has rents at (for the five separate units): $650, $750, $800, $825, $1125 (the math doesn't totally add up so maybe he changed a rent payment at some point). 

Also I have done it in the past whenever I had a change in plans and they never had the opportunity to actually be selected. 

* What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuits* How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

We don't have that policy and I don't ever tell an applicant they can't apply I just make sure that there are multiple correspondences documenting our screening criteria.

Long-term planning allows for steady growth, compounding returns, and the flexibility to adapt to economic and societal changes.

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.

Two things are certain, 1) taxes are lower today than they've ever been in the past 80 years. 2) they are certain to be higher in the future.We should all be focused on paying the lowest “lifetime tax bill” not the “lowest tax bill this year”.By paying 20% and settling up my long-term capital gains is not a bad deal.

If their policy ever lapses or is canceled, they are automatically enrolled in my master policy and covered.