(Unless it was an unforeseen circumstance - Medical, death etc).FHA only requires 3.5% down and in most cases if you do not already have 3.5% saved you may want to re-think home ownership. 

There are some exceptions to this - if you were disabled and your boarder income was from medical staff and other things like that. 

Your highest cash flow  and cash on cash return will typically come from a syndication investing in tertiary markets, or niche strategies such as short term rentals and mobile home parks.

@Teri Feeney Styers I'm on call 12/7 (that's half of 24/7) at a medical clinic. 

Columbus continues to have growth in financial, tech and medical sectors.

What is the minimum amount of coverage for dwelling, structures, personal property, fair rental value, personal liability (each occurrence), and medical payment to others?

@Eric James @Russell Brazil @Andrew Postellto be clear, she's been working at the same hospital for over 4 years and called in very few times (Just like any other employee). the fact that she has a medical condition that allows her to call in doesn't mean she doesn't have a stable income.Based on your comments it sounds like a person with MS should not be qualified to lease a car, buy a house, or get a student loan.

If it's something like unpaid astronomical medical bills I would be more understanding VS it being something like an unpaid auto loan, unpaid credit cards, etc.If the rental market is soft in your area then sure - consider a strong co-signer - but if it's a more competitive market tenant-wise you should be receiving some better renters. 

Below is a chart showing the average reclassification percentages by property type.Apartment Building - 20-40%Conference Center - 25-35%Fitness Center - 22-45%Assisted Living Facility - 22-45%Golf Course - 28-60%Theme Park - 16-22%Grocery Store - 20-45%Hospital - 28-40%Auto-Car Dealership - 29-35%Hotels - 20-40%Research Facility - 22-45%Manufacturing - 20-40%Warehouse - 20-30%Medical Office/Clinic - 22-35%Resort - 25-45%Mixed Use - 20-40%Leasehold Improvements - 20-80%Office Building - 20-30%Retail Strip Mall - 18-40%Winery - 18-25%Restaurant - 20-80%Bank - 30-45%Are there any other types of properties you would like more information on?

Investment Info:

Townhouse buy & hold investment in San Antonio.

Purchase price: $115,000

Cash invested: $42,000

We gave the interior a much needed cosmetic updating. We are renting this as a fu...