If you get audited, this will be good to have on file.3) That's tricky, the dash 4 grouping election is based on facts and circumstances.

Unfortunately, society has lost sight of this truth.If you marry someone unwilling to stick it out, you deserve what you get.

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.

This can be a city or neighborhood.We manage a lot of Class C properties in the City of Detroit, so previous evictions are common.We typically do NOT allow within the last 3 years and we want to see stable employment, income and no other major credit issues since.For Class B rental we're looking for no evictions in last 5 years.Class A, would be at least 7 years.Of course, there are exceptions to all of the above for extenuating circumstances the applicant is willing to provide acceptable documentation for.

It would be unfortunate if you bought a condo and later realized that you could not legally do Airbnb. 

Yes, both denied unfortunately.

Unless someone specifically wants to work with us, they have a tough scenario in terms of qualifying, extenuating circumstances... so on and so forth.... 

Unfortunately, that is what I have been finding out so far as well.Thank you for that advice!

Unfortunately we decided to sell it and use the cash for our family just this year.

I don’t have any debt besides my mortgage fortunately or unfortunately however you look at it, and I’m not opposed to using my extra funds to buy down my mortgage but I’m afraid it won’t lower my DTI quite enough.