This sounds incorrect to me.

You both did things that were incorrect and there should be a set-off. 

Many assets incorrectly classified and even assets they didn't own put on the depreciation schedule on top of Amerisouth stopping correspondence to the Tax Court.

I found that everything the inspector had told me was incorrect.

I’d call you a keyword researcher (and still this is done incorrectly by a lot of people).

I'm not sure about a mandatory 2 years for rentals.Also, all lenders differ in what they do in-house and may be quoting incorrectly for Fred and Fan.What your 2nd lender said seems more appropriate to what I have experienced.

Blaming it on leverage is incorrect. 

One would tell me I have room for another purchase and another would tell me I don't and that the first lender is calculating this incorrectly, even though they were both counting my rental income. 

Pretty much all the phone numbers associated with the leads were incorrect, but the system was designed to use their in house mailer to send letters to the sellers, which I didn't have the budget for at the time.

I meant no insult by my post and my apologies for any offense from incorrect terminology.