It should include details like the purchase price, property description, and terms of sale.

There are a good amount of investors on here who could take down (including myself) a portfolio of rentals 

Part of considering acquiring a property should include additional possibilities.

Both units rented at $1500/mo with all utilities included.

Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included. 

When selecting your name, don't include a Comma.

Because, for instance, if I am flipping a couple of properties and I am in the middle of the rehab, but it will take a couple of months for them to get finished and sold, I may be paying $4000 on hard money debt payments per month, and if that debt is included in whether or not I will qualify for a refinance, then I may not qualify.

Closing costs are a necessary factor in any loan process and to be expected.

However, Montgomery County as of yet has not updated their forms or website, included the landlord/tenant handbook and they are still not enforcing.

If not, you may have to qualify with the full mortgage payment against your debt to income ratio, including the new home that you are looking to purchase.From a tax standpoint, you may want to speak with @Natalie Kolodij.