And here is a PDF explaining it for both Fannie Mae and Freddie Mac: https://www.radian.com/-/media/Files/Enterprise/Training/QRG...Understanding Foreign Income Foreign income is defined as income earned by a borrower who is employed by a foreign corporation or a foreign government and is paid in foreign currency.

@Cheryl Abram, a lot of syndicators seem to always point fingers elsewhere, and fail to notice that four are left pointing at them.1) Questions about knowing who will be managing the properties and renovations.  

There's also something that I've noticed.

Fannie/Freddie won't allow you to close conventional financing under an LLC. 3.

@Grace Chee The process for this is time sensitive, you should have gotten a TRIM notice around late August, early September.

Given that the lease agreement had a 30 day notice period clause, I asked when the tenant was going to move out.

While no formal laws say this is restricted, we are getting notices saying the request is not feasible due to XYZ concerns.

Looking ahead, once you secure a tenant, perhaps this is something that should be explored to make the next lease up easier.Also, @Caria Mitchell raised an interesting point in saying: We are experiencing a shortage of qualified applicants, I’ve noticed non-conventional applicants vs qualified applicants that don’t have a voucher or some form of subsidy. 

Ugin,When you say permanent foundation it is required by Fannie Mae, FHA, VA and Freddie Mac that a manufactured home/Mobile Home be on a permanent foundation. 

Generally I start the nagging emails and texts after about the 15th of the month and depending on the response I deliver notice by the 18th.