I think the rule was more meant for manufacturing/machine shops given a few of the examples in the regulation.

The lenders can be your best friend and shop it around to a lot of lenders.

We use American Modern Insurance for our fix n flips.

(I can just do more tIRA withdrawals to tweek AGI to suit)2.) 5 yr carry forward of excess deductions - (could use to draw down ~$800k tIRA BEFORE RMD or more Roth rolls)Situation: Very desirable but very hard to sell income property (older (1979) small, low value Mobile home,(home = ~1/6th the value of property - Banks don't lend with that ratio) Beautiful acreage, (3) large shops, pond, barns, Very livable cabin (knotty pine!)

Most renters shop by price and won't even read the ad if it is too far out of line. 

Have had good luck with german american farmers mutual for acvs and All-State for replacement.

This is generally due to the fact that this is how the American housing giants – Fannie Mae and Freddie Mac – government-sponsored agencies, separate their loan programs.Note that this is another example of where real estate “lingo” doesn’t always match with the standard English Language!

I am currently at one of my clients/friends condo's in Waikiki I met them when i brokered a 100 unit apartment to them in Portland 20 plus years ago.. at the time I asked them if I should be shopping for a lender and the response.

Interview them in a coffee shop and screen them with rentprep. 

That plus your debt-to-income ratio is really going to be the determining factors on your budget for your house shopping.