They don't look at employment, income or DTI, and many lenders only require 6 months of seasoning (or less) to use the appraised value.

Do you have a link to some of those older links that you have mentioned?

I know this gentleman and have spent a time with him, this is his second venture, the first was in Colombia. 

Just need to talk to a few more seasoned bankers or investors before taking the leap and having your credit pulled more than 2-3 times.  

The area I am targeting is a vacation destination that is rather seasonally resilient (working theory backed by decent to moderate research so far).If I can get past the zoning hurdle specific to mainly "wastewater" - referring to the collection of the toilet, shower, and sinks discharge - I want to purchase 10+ acres that allow me to scale to something quite significant in time. 

@Brandon Polcawich I typically go $80-$120/unit each for both capex and maintenance on the older homes.

Seasoned investors constantly cycle through PMs, contractors and agents as they do more deals.

The Supreme Court said that it had to observe the Civil Rights Act and serve blacks, because its customers were in interstate commerce and therefore failing to serve them had a chilling effect on interstate commerce that Congress could regulate.I'll let people older than me tell us about the Green Book to show that the Supreme Court got that decision right.The point is that national rent control IS doable.

No apologies needed my man.You can absolutely read my older posts, but if you have a question, I am here to help.

The seasoning requirements, LTVs, and drivers of the difference in purchase/appraisal values will be effected by the loan product.