We were told by the inspector that it was a moisture issue but we put in insulation and moisture barrier and a dehumidifier after closing and still the hump remains.

So plan on how to get over that hump.  

Just trying to get over the hump - tough having assets but no liquidity.

Its def tough to get over the hump on the first one but better to learn, learn learn than buy a bad deal too.

Let us be an QuickBooks Addict.Gita Faust

We even use the house for one week each August, so if we rented we would cash flow an additional $3,500, but for us, being able to use the house in the summer is more important than the extra money.There are many rental houses on the Cape and it does seem like most rent out frequently, it is important to have a differentiating characteristic about your house.  

So it doesn't keep getting more difficult to achieve the required DTI, but there is that initial hump to get over.Except what I hear is that it is not universal that lenders will not consider rental income right off the bat.

We want to help her over this hump for only as long as is reasonable (TBD).

If a person could get over all those humps, then it looks like (at leased based on limited info) the property would cash flow.

I'm sure with us being so close to IL, that some would be interested in investing in that area as well.