Very relaxed.  

For the past 6-8 months I have noticed an increasing volume of program highlights that reflect all sorts of more relaxed guidelines including Stated Income/Verified Assets (could be helpful if your credit scores are reasonable) and even No Doc loans are coming into vogue once again.

Let the tenants pay down to your retirement then either sell and relax with a income investment fund or continue reaping the rewards of having a rental property.I would also advise against paying cash for your own home if you can afford normal payments.

After we have a relationship built, provided I dont have any issues being paid timely, I may relax my qualifications some.

I'm ready to put in the work now, so I can relax later on. 

Stringent screening is great, but think you will likely need to relax your standards a bit to have the place not perpetually sitting empty.  

It is more important to be relaxed and confident of your numbers for your project. it is also good to come prepared with any financial information that a lender is looking for Good luck

Brenda...take a deep breath...its OK...relax...all will be well.You can buy the property in your own name with conventional financing.

Like how to buy real estate with little to no money down or the ABC of real estate investing only for relaxation.

And the whole reason lending standards were relaxed was in an effort to drive lending or more quixotically "homeownership" that and the fact that EVERYONE LOVED CMOs.