Their program is simple to understand for the most part.

Best way to understand this is research appraisal standards and means. 

I finally understand that credit card payments are exempt from needing to send 1099's.

I'm trying to understand how they collect data so as to develop the best comping practices.

So bye-bye all the Brrr's and Multi's and what not, we need SIMPLE, right, a good simple SOLID base-hit, right. 

(Yes it still happens, but it is a lease violation, and we have a solid leg to stand on should we need to pursue eviction or collections later.)

Otherwise, I'd say watch those areas closer to Micron understanding the barrier to entry will be significantly higher in exchange for the lower risk.

Bob - I have five occupied padsplits under contract right now with Fernando Corona and have closed several with him this year.Normal DSCR brokers have issues getting this through underwriting - it's important to work with a broker / lender that fully understands how to get these to CTC.I'll PM you

You are solely focused on the net income but have to understand the expense implications.  

The process can vary greatly so it's important to understand it and ensure it works for you.