I'm not sure where someone would get the "on average" across the nation data because, unfortunately, in the MTR space there is no data source focusing specifically on MTR, unlike AirDNA for instance.

In some instances you may be able to go as high as 90% loan to value assuming healthy credit and other criteria met. 

Hey @Ryan Brown - in this instance, I think you should turn up the heat in terms of what the tenant is allowed and not allowed to do. 

The attorney said in my instance the first thing to do was send a formal letter notifying the tenant of the problem.

That offers my buyers a little bit of protection in instances like this. 

Another key thing to know is if you don't have an actual agent that doesn't work for the insurance company (for instance if you contact a call/service center), inquiring about a loss even if you don't file a claim or follow through with a claim could impact pricing.

When considering house hacking, the key is to determine two things: how much you can afford and how much you're willing to sacrifice.For instance, it's much easier to live for free through house hacking if you're willing to sleep on the couch and rent out all the bedrooms on Airbnb.

I dont think these things are hard and fast.. to me look at whats left after the rent is paid is it enough to really live on.So if rent is 5k a month for instance that means tenant needs 15k a month in income pretty standard .. well that tenant now has 10k a month to live on.. most people can make due on that.so if this tenant came to me and only made 10k a month  2X the rent I know they have another 5k a month to live on so sure that works.where this is important is in lower income low rent areas were rent is say 800 a month and 3X is 2400 minus rent leaves 1600 a month for EVERY thing else can you live on 1600 a month ???

The second instance was a restaurant with the land it was on for total disclosure.

In those instances you can purchase the new property in 'cash' position and do not have to get an additional mortgage.