A report only needs to be submitted once, unless the filer needs to update or correct information.

Our firm decided to integrate the two a few years back because of the constant push/pull and inconsistent advice between the two services...thus, we determined finding a strategic legal/asset protection partner, versed in our tax planning, was the correct route to go for our clientele. 

Please correct my thinking but if I can refinance this and rent it with no money left in the deal I have a COC return of 100% right away BUT the opportunity cost of the $160k in equity will be considered too.

Food for thought...

That is correct.

@Brie Schmidt we have had this happen before, but typically what we showed them the prior DU they corrected it.  

To my understanding the process is adding my units to a board, waiting for the section 8 representative to contact me when there’s an interested tenant, have an inspection done, screen tenant and have paperwork done correct?

Just some food for thought.Typically from my experience, a lender that is willing to do a "blanket" style loan, lends from their own portfolio.

It looks like this book focuses more on the how, is that correct?

Recasting is when you make a payment on an existing loan and update the payments - for example if I owed $100,000 and my payment was $600/mo and I paid it down by $40,000 recasting is they update the payment based on the new $60,000 balance.If I understand this correctly, you are selling a home which you will make $300,000 on and putting $200,000 down and keeping $100,000 to renovate?