The reason it is higher because you must use non-recourse loan in your IRA, conventional loan would not be allowed because IRS rules prohibit you personally guaranteeing the loan for the IRA. 

It's a guaranteed loser as a rental.

B-I-N recommends not to use TSP unless it's the non-detergent type as they will not guarantee the primer will stick properly and ammonia will be fine.

Especially if there’s not a lot of profit easily made (& I guarantee you; nothing is easy or cheap in long distance rental reno!)     

They will want to see them if you are personally guaranteeing the loan but your debt to income shouldn't even be that big of an issue.

The problem I am having is no residential contractor is guaranteeing they can fix the issue then contractors flake etc.The tenants still want to be in the house which I find odd as I later found out water came into the garage and there is a lot of mold damage and I had another water restoration contractor removing the drywall and scrubbing the wood frame of the walls. 

Loans against 401K plans are an acceptable source of down payment for most types of loans.government loan (mortgage)A mortgage that is insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA) or the Rural Housing Service (RHS).

However, most investors will also want to see some type of guaranteed return before I participate. 

Please keep in mind that just because a particular school is assigned to an address you don’t have a guarantee that there will be room to admit a student.

Of course, there is no guarantee the bank will accept the asking price....they will look at comps.