I deliberated for some time about sharing the experience, and what I learned, and ultimately decided that if it was of some benefit to this amazing community, I ought to.A quick recapI partnered with a contractor on this deal who was referred to me by someone I really respect (an executive at a big RE company).

I hate the idea of not trying to rent earlier and deliberately going with a vacancy for at least a month.

I lived in the Bay Area for the past 10 years and graduated from SJSU 11', worked at JPMorgan Chase as Relationship Banker for a few years but got tired and sick of working for someone else.

That's deliberate damage and theft.Having said that, there's not much you can do that's cost effective.

With much pain and deliberation, he tried to decide if he should proceed with the acquisition anyway.

After graduating from college, I worked on Wall Street for JP Morgan in New York City.

I am an open book as well as a very receptive person, as well as patient and deliberate.  

So what I think you're asking is if some people deliberately under report their expenses in order to keep their DTI higher?  

(It's obvious at this point the debt service is greater than your net, but again, capex is a reserve not an actual expense YoY, and this example is deliberately a very mediocre set of numbers to illustrate the point).

“It looks like the combination of limited available inventory and a decline in the share of distressed sales in the market continue to put upward pressure on prices” says Daniel Silver, an economist at JP Morgan in New York.According to the National Association of Realtors, property values rose 11.5% over the last few years, resulting in an average sale price of $197,000.