Automated Underwriting (DU & LP) for Conventional loans can approve a higher DTI than the standard manual underwriting guideline. 

@John Suralik  subject too is a very old and easy method of acquiring RE its not big deal. what it is is uber risky for sellers unless the sellers have already lost their credit and don't care and are walking.. the reason is you take Title subject too  the existing loan.. remember loans stay in place unless paid off and even though all debt instruments have alienation clauses they are rarely envoked.

We recently had a case where we contacted the Chicago public health department and they were instrumental in intervention and supportive in our efforts to have the tenant notified that the unit be cleaned or vacated. 

These types will never be professionals, they lack the mind set to be in business, they are the wheeler dealers, the back lot car salesman, the door to door brush salesman, the "music man" who sold parents on his "think system" to play band instruments.

You build a portfolio of assets with sound financials behind them, cash-flowing properly, with short term financing instruments,  leveraged properly, and then you go to a long term hold facility(small community bank, savings and loan, commercial bank, etc.), for a portfolio loan on the group of assets.  

"Risk taking generates growth by moving resources to enterprises which create future jobs and consumption opportunities.Without stable and transparent economic roles that allow and encourage a reasonable return for risk taking, growth will not occur, as even wrong entrepreneurs will refuse to take risk.Low interest rates do not encourage creative risk taking, but create just more highly leveraged investments in low risk instruments.

Assignments are for the security instrument (mortgage/deed of trust).  

I am wanting to really step up my automation in my business in the next month or so and know that bookkeeping needs to be on that list.

For people with good credit, probably about 85% of the time the Automated Underwriting System Desktop Underwriter (AUS / DU) results - for FHA and only FHA - say "no verification of rent required."

There are certain types of debt instruments (such as mortgage debt) that should be used solely as a tool to build wealth and acquire assets that will directly impact your net worth.