Most lenders I've worked with will use the lesser of the current rents or market rents reported by the appraiser when calculating your debt service coverage ratio. 

@Amir PortalRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Are there specific lenders or servicers that are more likely to call these loans?

You will have holding costs along the way with repairs, maintenance, taxes, etc.

As they are getting paid to provide a service.

You want an investment that pays for itself, including mortgage, taxes, insurance, maintenance, and even some money set aside for a reserve to cover vacancies and capital expenditures.

The interior was outdated, the landscaping was overgrown, and several deferred maintenance issues were apparent.

The study could also identify the opportunity to capture additional benefits such as dispositions, and repair and maintenance expenditures.

I also wanted to clear up that fact that JWB does not mark up maintenance items. 

If it is with HUD, did they foreclose or is HUD servicing the loan?