Some are automatically transferred from your Cash Flow expenses (water/sewage, insurance, property taxes) while others (electricity, HOA fees, etc) need to be added by you within the Rehab worksheet.  

So a $61,500 mortgage amount will be an automatic decline.3.

That's why your car insurance doesn't cover you while you're out delivering pizza.

It's not automatic and requires an advance planning.

If you had 26000 Square foot of open use, but there was a restriction on the Title for car use which states no unlicensed cars or junk cars, would that lot still be worth it's value?

We had absolutely nothing except college debt and car payments.

That being said, they will automatically use 75% of the rental income if you have a renter in place with a lease (most lenders will want a year long lease).

Only debt we have is car payments less then 700 a month for both cars.  

That's like asking, "what's the minimum amount of money I need to buy a car".

And then it comes down to regions  some regions you can do the landlording gig. look at all these 30 somethings that have built up nice portfolios mainly in the mid west.. you can do that there when your price points are where they are at basically the cost of new cars. however that becomes much more difficult in the coast markets.. and those folks can also buy a nice home to live on for 200k  were in Silicon valley its 2 million  !!