This property is ugly as-is, and some people truly get upset by an ugly house when they're renting it shorter term, as though it's some reflection on them personally.Good news is that you can paint those ugly rocks and brick the same color, and make it look WAY better. 

They will likely need to see a signed lease reflecting that rental rate before your first mortgage payment is due before you can get your loan approved. 

As an appraiser, I am merely trying to see the market reflections of what a buyer would most likely pay for a property.

Your listing should reflect what you actually offer both in photos and descriptions and you should communicate authentically and as frequently as is right for the guest.  

unless they are in zoning and land entitlement or land development it wouldn't be developers. if they are that's not a design build firm that's a land development company. make sure to understand how they earn their income and how they come in. how the earn their revenue will be more reflective of what their business is than what they say it is 

Those going unemployed won’t be reflected in the official figures., c.  

Your questions got me reflecting on some things that we're doing.

Investing with foreknowledge that property values are falling seems like a timing problem or at least a situation where my offer would be reduced to reflect this coming change.As to how much to put in as a down payment that depends more on your numbers, your risk tolerance, ability to get financing, cost of financing, etc. 

A high DTI does not necessarily reflect savings or equity or other factors that might exist that I may choose to keep private in this space. 

This can help you build credit, as their positive payment history will reflect on your report.9.