This would probably allow me to qualify for the FHA loan if this is true since the giant loss is throwing off my DTI. 

I'm looking at buying turnkey (through a well known provider on BP), and would like an independent property inspector.

Can your property actually afford a 90% LTV loan at 8+%? 

One thing I suggest doing as you do your research as well is to find a property on AirBnB that you like. 

First, all properties that appreciate the appreciation is based on the property value, not the equity. 

It will only appraise based on comps of similar residential properties.

Sounds like a pretty cool property, good luck!

To say it's safe, simple, "aaahhh banks won't do anything" is simply NOT true.

I don't know what his properties rent for yet but lets assume equal rent to my property.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.