They are also requiring paperwork from my primary home, so they are trying to calculate my DTI ration.

You need to do some research into the topic of demand and supply to better understand the rationality of investment decisions.

Odds are most of the people that go "to the max" and use that as a reason are just trying to rationalize their decision.3.)

Based on what I was able to find in the area I put the value at $31,500 which is based on a 10 cap and an expense ration of 25%.  

As I mentioned above to Alexander, I see too much correlations btwn price and rents across several TKs, which seem to shoot for a 1-1.2% ration.

[[[.....I gave them the benefit of the doubt because...]]]]Never ever make excuses or rationalizations for your applicants.

Originally posted by rich23s:-isn't qualified for the positionYeap….I tend to like to have some folks with some experience or rational ideas.

You have to have faith and believe in hyperinflation because when someone asks for facts or some sort of rational explanation for there being HYPERinflation in the future you get nothing.

Contact your real estate attorney and ask your attorney to draw up a contract with the terms of the sale and all the appropriate protections, pro-ration of property taxes, receipt of marketable title, etc.  

Waid told The Times that the tower would eschew all “extraneous ornament or embellishment which has not a rational meaning and practical use†and that it would be “unhampered by archaeological precedent.â€All three projects foundered at various points after the stock market crash that October.