That's my best advise on it.It is quite common to have issues with permitting or with the removal of tenants so the lender will understand if that's what's going on.

If its an actual single family home and its in decent condition, you should be at least 1600/mo - and that changes the scenario quite a bit!

It's possible your loan officer is either unaware of the guidelines or his company has an overlay.As a lender who specializes in VA financing, I reach out to the VA Regional Loan Center of jurisdiction (based on what state the property is in) anytime I have a scenario like this, that way I have VA's position in writing to submit to my underwriters.Aside from the fact that both units are under lease for 10 more months, is there any other reason you could not occupy the home within 60 days?

Familiarize yourself with the types of properties commonly financed through private money lending and the current trends in your area.

if it's helpful to know, the place is a condo.David Best way is to be referred by your accountant and given exact math on how it will save you money on your specific tax scenario.

I was on the HOA board of a luxury building in San Francisco and you would be surprised at how many people will let their dogs pop and pee in the common areas (killing very expensive plantings).

Garden-level or street-level ADUs are common in New York multifamily properties.

Myself and family truly loved the property and house; just want others opinions on if this may be a mistake to proceed, or does this appear common practice for the age and location (upstate New York). 

its called a Hypothecation.. quite common..

With that kind of deductibles, can't imagine too many scenarios where you could use the policies other than massive or complete loss.