@Joseph Cacciapaglia Great explanation Joseph!

Here's another academic article out of Stanford (just read the abstract and conclusion since this is quite long, I've read many shorter explanations but this coming out of Stanford is most credible) explaining this shortage in dollars in more detail.

How to Get StartedIf you think you may qualify for this program, call xxx-xxx-xxxx and leave a message with your name, phone number, and a short explanation of your situation.

A tax professional will be able to give you better explanations, this is just my basic understanding.

Current operating and capital budgets of the Property, including a comparison of actual to budgetedresults and an explanation of significant variances.12.

Of course I'm sure you already understand this now.. but this is a shining example of why you should never ever believe someone's sob story - in fact, the second an explanation starts for why you shouldn't check someone's credit, that should be an instant rejection.Personally, I'd be tempted to tell her you're filing a complaint for check fraud tomorrow if she's still there... or just go make one.

Since income and expenses are generalizations at the very best, however, here’s a more detailed explanation of how to calculate a home’s cash flow potential:Add All Of The Income: To get things started, identify how much you expect to make over the course of a year in rental income.

I would suggest that the day you get your keys to the property, knock on their door to introduce yourself, hand them the 60 day notice with an explanation why wanted to do that in person, and try to form a meaningful connection! 

If anyone knows a resource for more detailed explanation on how to use these calculators, I would appreciate some direction. 

I understand my bank is different from yours and there isn't a clear cut explanation an what may or may not happen.