This was not unique to a specific lender but some made the process easier then others for sure.Anyway, I am now approaching 75% LTV (based on initial purchase price) for the last investment property with PMI so I reached out to start the process and was denied with no explanation.

Security deposit amountYou can find plenty of examples by searching for "tenant estoppel certificate doc" or exchanging "doc" with "pdf" for more options.Here is an example and explanation: Sample EstoppelSome have a lot of legal jargon but this document does not need to be so detailed.

When I bought these lots two years ago there wasn't any new construction in the area yet but here's where knowing your market and having a good idea of what drives development geographically, amongst other factors (jobs, amenities, public trans, etc.), is very important.

Appreciate the explanation.

Thanks for the replies and help, after talking with them and the explanation of the eviction given I've decided to rent to them. 

@Brian Arcangeli thank you for explanation.

My only complaint with them was when the loan was repaid, the title company overpaid the interest due in settlement and 8 months later they still haven’t refunded or provided an explanation- the only response I get back is “that loan sounds familiar and is on my desk but the closing hasn’t been approved”. 8 months later I don’t buy it...Experience 3: Lending one - refi on the house for a long term rental.

A 1 hour commute is not a problem but you may need to provide a letter of explanation.

Sometimes lenders will want a letter of explanation from you explaining how you plan to manage the property if you're not local, but they don't all require a property manager.

If you have the right language in your contract, you don't have to give any explanation to the seller about why you are canceling or getting written approval from them.