Quote from @Jay Hurst: Here is what Fannie Mae says about this issue:  https://selling-guide.fanniema...Here is the current link ... the one Jay posted is no longer working https://selling-guide.fanniemae.com/sel/b3-6-05/monthly-debt-obligations

If 1 person gets 2 letters, one sends them to their professional and credible website, that shows how many reviews they have, happy clients, shows how awesome they flip the houses, has 3 blogs is involved with the community and has a tremendous web presence... and the other... nothing...if it were you, which card would you call?

Meaning, we can apply for relief and specifically monetary relief.By opening a claim using one of the links below you (and your tenants) can process a claim to get financial assistance.

Ideally would have iphone and web access to account.Would appreciate pointers both positive and negative.Many thanks.I have a simple spreadsheet i made for clients, if you would like that sent to you please let me know!  

We even include a link to the IRS article that explains this. 

@JohnMason Thanks for the links. 

There's so many links in the chain that can fail in that 30 days between when you get an executed contract and when you officially close. 

I have been digging through the guidance and am wondering if anyone has ever taken advantage of the following clause regarding 203k improvement types from the HUD SFH Handbook 4000.1, pg 374:- "reconstructing a Structure that has been or will be demolished, provided the complete existing foundation system is not affected and will still be used;"- "repairing, reconstructing or elevating an existing foundation where the Structure will not be demolished;"Guidance link: https://www.hud.gov/sites/dfiles/OCHCO/documents/4000.1hsgh.pdfHas anyone ever built a new home on top of an existing foundation using a 203k loan?

If it is for a short sale, the lender is using service link to validate the sales price.

Disclosures: this post is an anecdote about a Raleigh NC property for illustration purposes; the numbers presented are actual numbers from my Quickbooks report; the Rent-O-Meter price, T-Bill rates (in the links), taxes, insurance, and PM fees will change over time.