Condos - anything non warrantable are going to be 20% down.

They need to increase a rental appeal of the property and its income potential, and such increase should be proportional to the expense.For example, if you spend $25k to rebuild a bathroom, and it warrants a $100 rent increase, it would take 20 years or more to just recoup the cost.

I am a BP Featured Agent and I'd be glad to hop on a call to touch on our local market, what your goals are, need-to-know lending criteria's, i.e. warrantable vs. non-warrantable condos, STR friendly COA's, etc.

If you had applicants then you may need to honor the listed price.It also could be the time of year students are looking and that this is jusT normal and a price increase may not be warranted - that is a risk you have to think about

But there could always be specific circumstances that would warrant a shorter (or longer) holding period.

However, I feel that this issue warrants consideration and would be especially useful to myself and other new investors.As of late, many economists and market specialists are expecting the market to crash in the very near future.

with misinformation ;) I thought the topic warranted its own thread: http://www.biggerpockets.com/forums/16-reos/topics/52843-identity-of-interest-transactions-aka-non-arms-length-transactions-Long story short... unless the rules of changed considerably since 2003 (very possible), then it seems that if family member purchases home, then I lease and occupy for 6 months on formal lease, then buy with stated intent of primary residence.... all good. maximum LTV (3.5% down?)

I current in the US Army, and I wish to broaden my knowledge of real estate. My background is buying a home in 2009 for $129,000 and selling it in 2020 for $256,000. I wish to generate a knowledge that will take me to...

In any and every business this is unacceptable and warrants finding a new CPA. 

I also hope you verified the condo was not "non warrantable", if that applies to your financing.