Believe it or not but there are incorrect items on more credit reports than not.

This may be quirking to some, but it works for us.  

That said, I was addressing your statement that a land contract is not a sale - which is patently incorrect.  

I was disappointed you didn't explain how his concepts are incorrect?

At times they are just vented into the attic, which is incorrect.

I've seen several listings where properties were incorrectly listed in the wrong school district (worse than the one they were actually in so I'm sure it was unintentional). 

With that said, I am employed full time so I do have a consistent income.Since the my original post, my DTI concern has been lessened since I vastly overestimated due to an incorrect calculation.

The billing the first two months was constantly incorrect and I had to email them asking for corrections.

Some even when buying incorrectly will be able to handle the next down cycle and wait it out.It's the buyers who overpaid and can't hang on where you scoop up deals.

Are they liable for the total rent amount, the initial (incorrect) lower rent amount or the higher rent amount that Section 8 would have required the tenant to pay.