Do you own your own house? 

Great point about different states and markets having different laws about using evictions as a reason for denial! 

Loan sizing varies by market, but in most areas your loan will be sized to 75-80% LTV; 1.20-1.25x DCR; 30-year amortization.

I'm currently in a rent to own house we are moving out of and will be renovating and renting.

The structure also allows for mitigated tenant and maintenance risk, but it has increased dependence on market movements due to being appreciation based.

Yes, it can get messy if they file for bankruptcy, but it's also not their house anymore.

In my day job I do SEO for a digital marketing agency and I am more than happy to talk SEO with anyone who has questions.I'm interested in Long-term rentals, though admittedly, finding deals below market value and funding those deals (not to mention I honestly have no idea have to put the deals under contract in the first place), are problem the first things I'll need to learn.

They had previously been combined into one house.

Found the deal myself on redfin after house hunting for several months.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)