It seems to me that these are sufficiently dissimilar endeavors. 

Keeping your payment in the range of rents (allowing for expenses a homeowner will pay and a tenant doesn't) tends to keep owner-occupants on track.Your attorney or an attorney-owned title company can create the docs and manage the closing.

Nobody renting in February, so if it is vacant then, you get to wait probably until August, as that immediate area and price range probably doesn't draw other tenants for the most part.JRB Carswell/River Oaks area, completely different type of area and clientele. 

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.

Mostly what I see in your price range in my area are condos, tons of condos for sale.

What price range are you targeting? 

Lows range from 71°F to 80°F, with occasional dips into the 40s.

My opinion the most important thing is for the renter to provide sufficient enough documentation that collaborates with what she is saying.

Hi Austin, you can refinance using any of the noted types of mortgage qualification types assuming income is sufficient.

This means the rental income is sufficient to support all obligations.