It's net income is a loss due to high turnover costs, management fees, etc. 

If its low can do upto a 25% loss on monthly rent at 25% down payment and its a greater loss than 25% a month then it would be 30% down but will still close . no income no doc 

Quote from @Kevin Zheng: Hire an attorney immediately and get them out.The tenant can tell your parents are at a loss of how to proceed, so the tenant is taking advantage of that weakness.

For example, you see it appreciating well and you sell it for a profit to make up for the losses?

Loss of rents is very common some may self insure. 

We've also mitigated losses with a security deposit.- No Reviews: As hosts we can filter out potential harmful guests using reviews.

Losses due to wind, hail and other forms of disaster are becoming more and more frequent.

Our only concern is with the stability of the market, what happens if the rents reset in the area and the property no longer cash flows due to affordability in the 2 year time frame of us buying and then getting ready to move out would we just try and hold through that and even pay at a loss for a bit or do you pivot and sale?

In NY, renters pay the realtor fee so it's a no loss for the landlord.

Last year I couldn't do it because I was told that since I reported a loss in my business and i was in negative numbers there was no way that i could get a loan like this one.