Thanks @Pyrrha Rivers and @Kim Book for your kind words...and you're very welcome!

I will only use Kim Amavisca or Cheryl Lakey from Chicago Title here on out.

Kim,Why would you want the sellers agent info?

Some agents are of course lazy, especially the one above who has never even met @Kim Clifton.

@Kim H.

I've worked with Kim Woodrow [email protected] and found her very knowledgeable.

@Tony Kim PM sent.

While this can certainly be true Kim (debt to income can degrade) some key points I'd like to point out to people who might be considering conventional financing and getting loans :- you can use rental income with no landlord experience - Fannie Mae (Freddie Mac requires min 2 years on tax returns or CPA letter to state 2 years exp but most CPA's will not write that letter for you to protect their license)- you can add back depreciation and other non cash losses like depletion or amortization as these items are accounting losses and lenders are concerned with the "actual," cash flow that you will have available to service their loan they are thinking about extending to you- you can add back capital expenses as well if you can document it (make sure to save all receipts and invoices =D) since this tends to occur with investors the first year that complete many capital upgrades. since these are not normal occurrences every year they may be added back to improve your income if the file is structured correctly.- If a buyer buy's property that is still positive after the formula (gross monthly rent X 75% - PITIA) then you will actually improve your debt to income not hurt it contrary to what most think.

Kim Renken 

@Alexander Kim I agree with @Katie Miller.