The "Proposed Loan $1,400 COST" looks like a good option for us.

I believe I can get rents to $3750 a month over the next year so the end result will be better than proposed  here.

. $500k won't buy you much in San Fran but is a pretty healthy budget in Jax.One smaller factor is that Duval county doesn't charge impact fees on new construction (and is the only county in Florida that does not) which is great for developers but not so great when there's no money for maintaining our schools.https://www.jacksonville.com/news/20190423/duval-voters-to-decide-on-proposed-sales-tax-referendum-to-pay-for-replacing-repairing-renovating-schoolsAlso this isn't Florida or Jacksonville specific, but in times when the stock market is particularly volatile real estate investing becomes more appealing even with lower returns.Personally as an investor I find all this out-of-town investing a bit annoying (increased competition and increased prices) and am concerned that these properties potentially aren't well maintained.

Rather than re-starting the process here are two other shots you can take- Make sure the lender is using proposed rental income on the investment condo you are purchasing- If your bf landlord was willing to write two separate leases, one with you and one with your boyfriend would that satisfy the lender's requestGood luck!

See what they propose before you jump ship.

People come to this site every day and propose the same idea. 

My realtor just let me know that the city of Charlotte is proposing a few changes to its rental housing ordinances.While in general I support making sure that tenants have a safe and healthy place to live and owners being responsible for their properties, I do think it is always a good idea to review the changes being made and how they effect us owners.

FYI, always get some kind of proposal, job scope, estimate.

The seller, who is developing and in control of the entire retail/commercial/entertainment/residential development needed the proceeds of the proposed purchase now.

We are looking into funding options and had the same thought, starting with our family and friends.We are new to this as well but I was thinking about presenting it as a business proposal and showing them a sampling of a property we already ran numbers on.