@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 .

That way you are lowering your payments which helps your debt to income ration with your bank when they are looking at your stats to make you a loan. 

Unless their is Wholeseller version of the ACLU who will take the case on pro bono or the members of this forum want to start a Go Fund Me to challenge the law, the most rational thing to do is get a license.

B and higher assets didn't cf enough so weren't on my radar.12 or so years later, I won't pass up a good cf deal, but can 'rationalize' purchasing higher quality assets with shorter mortgage terms for the equity capture and eventual high IRR. 

I see myself as rational and rather doom scenario than dream scenario thinker but my enthusiasm can motivate me to still find a good deal.

As difficult as it may be, you have to stay rational about this and don't let your emotions make you say things that you'll later regret.

The below is pure speculation; I don't work in "loss mitigation" or have any insider scoop on it.With interest rates as low as they have been since 2012 or so, and given where appreciation has been, and the fact that when/if a home sells the title company will require that the lender (plus back interest) be paid off, it's possible that the 'rational' thing to do is let the interest accrue on the assumption/hope that there will still be equity in it at that point when someone dies/divorces/etc and sells. 

If you have numbers, reason and ration behind your offer the only thing the seller can do is accept, counter, or decline.