Chris' question on the alphabet is intriguing as well. 

This is how it is supposed to be handled but some lenders have overlays or loan officers are not aware of the actual guide lines or rules depending on their organization or who they are selling the loan to in the correspondence channel.I have come accross this several times you simply make the underwriter aware and in some cases the agents and appraiser are informed as well in case there is a need for an outside LOE letter of explanation. 

Assuming a loan and using Subject To are two entirely different things.If you can't qualify to assume because of DTI, then you shouldn't think about Subject To either.There are serious risks in a Subject To and it's only for well funded, experienced investors, with an exit strategy.

The right deal will do well!

Any help, advice, or contacts to help make something happen would be well-received, thanks!

The only thing I will add is, if you bought that property recently and plan on selling soon, you might well be selling at breakeven or a loss. 

We offer 30, 20, 15-year fixed-rate options as well as 5,7,or 10 year ARMs.

If you have a history of having rented the property by the room, a lender will very well look at the rent you have gotten and lend based on that (or at least the DSCR won't reduce below whatever LTV is offered on the appraisal).

Plus, you get to depreciate the properties by 3.3% a year on your taxes - saving you $26k-40k of taxable income as well… all while your tenants pay down your mortgage with their money.  

If you're local housing authority is decent to work with and you screen your people well section 8 can be a win for everyone.