The combination of high costs and the after-repair value (ARV) frequently leads me to conclude that buying a new rental property is a better use of capital.

After owning the property for 1 week and putting in a lot of sweat equity, I've concluded that I want to keep the Inherited tenants based on the condition of their living space and the quality of the people, Knowing I want to keep them to save myself the headache of a  turnover and vacancy of a projected move out If I were to suddenly increase rents. 

Protecting yourself from any future issues will require a good understanding of the situation your house is in when you buy it.Tl;dr: crime here is relatively low, declining population numbers don't take students into account, properties are cheap, rents are high BUT be careful where you buy.This concludes my TED Talk, ha!

On $50k we conclude a price of $556,000.  

I concluded that 20% was a good number going forward. 

If this isn't clear enough, one could survey the other bank loan officers and see if the other doctor notes included this term around the year the loan was written, if this is one of only a few outliers which they threw the term in for, then any jury would likely conclude it was unnecessary and the power of attorney would make that void... but they as you say if the bank makes all the rules for their conventional since it's not "conforming..." then they could call the loan due and as you said the refi would be needed regardless. 

You might be very pleasantly surprised.To conclude, it's great to have more new members like you from Europe contributing to the forum.

I highly recommend the Cashflow game.I felt uneasy with how Kiyosaki would associate with other investment guru types who I concluded were shady.

That's also what my friends in a similar situation concluded. 

Thanks.Since 99% of new wholesalers never conclude a deal, from a tax standpoint it really doesn’t matter.