You can always hire smart folks but the ultimate decision lies with the owner.

., lying, I don't see the issue.

You don't need to lie, tell them you're just starting out but wont be small forever.

He thinks he's a chicken.

Maybe 10 minutes once you are there.People will lie, or not know the whole truth, so the more informatiuon you have, the more professional you look, and the better position you have when negotiating.

I've had people fill out apps and give a fee and they are lying about everything.

You did not lie on the application for the loan and you can't be held to change it because you need to move.The tenant should pay you and you pay the lender as you have.Change the insurance to a landlord policy and you pay the premiums from rents.

Make sure nothing is lying on the knob and tube wiring in an attic as well, keeping the wiring runs free of anything that could fall or lean against wiring.

Also, we will have enough cash left over from equity in our current home to pay off our vehicles and put an additional $1100 per month in the bank.I am conserveative enough to know not to be counting chickens in the eggs.

The "investor" could never exercise that option without lying to the bank.