Yes, may hard money and private lenders will not look at your debt to income ration particularly for short term loans like bridge financing and flips.

In regards to debt to income ration , what do banks and mortgage lenders look for and what is most important when presenting financial information?

Don't rationalize (i.e..."

You sound like you're just trying to rationalize the negative cash flow. 

Your instinct tells you to run before it gets worse.You may sit here today and think you will remain rational, but hardly anyone did.

Although I agree vacancy control would be very negative for landlords, I have to believe the authorities would try and act rationally if they don't want development to come to a screeching halt and turn us current landlords into slum landlords.  

If you understand MBTI, you will know that there is nothing wrong with you, some people just make emotional decisions (Feeling) by default, and others make rational decisions (Thinking) by default.24k repair seems too low.

@Steve Vaughan kindly explain the 76% rational to those of us that don’t know the tax code as well as you please?!

My debt to income ration is like 0.2 (monthly expenses are around $2500/month, and income is around $11,000/month.

Don’t force the deal or rationalize it .