I have minimal expenses and set myself up to have little to no bills.

@Nick Nobile hey Nick, have you read the house hacking book BP just published not too long ago?

@Verletta Saxon okay so it is an uncommon feature but if it was done correctly he should also not be ignoring it, however he has no real basis to say what it is worth either. 

I was making around 42k a year at my job and pay no bills.

Originally posted by @Chadwick Saxon:@James Masotti Thanks for your reply.

Just want to live the Spartan life right now with no bills and no rent.  

Like @Daniel Nobile mentioned you are avoiding 250k of taxable gain if you sell within the next 2 years.

To this date I still confuse the term sometimes and tell anglo friends that I'm buying an apartment unit and they give me the look.

Assuming you can show $8000 net for past 24 months with 20% down and little or no bills you could qualify with 43% DTI. 800 middle mortgage FICORates for 30 year are around 7.5 with APR 7.601 this morning.

I have taken on tenants with slightly less and no bills.