Little did I know even on the brand new wires he was running, he was twisting them together with no junction box!

Some Lenders can even take just the Lease Agreement.

As far as lenders, if I don't get the numbers that I'm looking for, can I go with someone else even after they have done a lot of work like appraisals and surveys?

It is increasingly more difficult to pay of even one mortgage when you are cashflow negative, let alone multiple.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

That new owner then makes the payments to the lender even though the loan stays in that previous owners name. 

Not only would you effectively be giving up your right to proceed by way of non-judicial foreclosure, a very messy judicial foreclosure sale might not succeed and even if it did, ability to pass title would thereafter likely be subject to borrower's statutory redemption rights.

So, we allow 45%, even 50%, higher if compensating factors.

If you believe it will continue to appreciate (like most of San Antonio), I would hold on to it even if there's a bit of negative cashflow for the first year or two. 

Its a month to month and im in a weak position even to ask the tenant to renew lease now and they seem they are willing to stay they just need a solution to the issue.