Count your self lucky.

You will want to make sure you're working with a lender who is counting rental income from the other units you're not living in toward your qualifying income.

We are in escrow and we paid our mortgage lender for an appraisal but the appraisal had no analysis, only photos, this doesn’t offer any information, only a subjective visual report, correct? The mortgage lender said ...

Can I count the 21 days from that point until giving them the deposit? 

Thoughts @Albert Bui or @Chris MasonFrom a residential lendin stand point properties only do not count if your name on the title and the mortgage note are in another entity and mortgage note does not show a personal guarantee.There are different takes to this because the underwriters still see 18 properties on your schedule E and this a gray and this is where the art and science of being a lender, investor, come together.The underwriters in 99% of cases don’t get that LLC’s can be taxed in multiple ways and your lender will have to explain that to them (sole prop, Corp, partnership, etc).When an underwriter sees properties on a schedule E they assume you own it personally because they are used to seeing borrowers who own properties in their own names on that schedule so they assume the same.One solution ive seen used and discussed with multiple accountants and attorneys is to file your LLC as a partnership (form 1065) and have one of your other entities own 1% of your llc while you own the other 99%. 

So, adding square footage on the second story will count towards your FAR as well.Also, I think you said you're in RM-2-5. 

My gut tells me it will.Long story short, I have a lot of success with these, call backs are high, and I'm able to get these knocked out very fast and very cheap (not counting my initial investment of 25k) through the automation I've built over the past few months.One thing I noticed, that for non owner occupied homes, courier font works better than hand written font, these people are usually landlords and business savvy people, my gut tells me they like the professional look more.

MOST assessors concentrate on gross living area to estimate value for assessment purposes rather than bedroom count.

Thank you As has been pointed out, every private lender is different, but if I was your proposed lender, I may still lend to you based on no history, but you can count on the fact that I will want to see you with a larger amount of cash into the deal than say a borrower with 10 deals under his belt.

I'll say too, that a money guy who never really gets involved, just writes a check and shows up is not the entrepreneur of the deal, thier assessment of the deal is as a lender, covering thier interests, don't count that function twice as underwriting the money and the overall success of the project, that's like selling the ice cream and then charging for keeping it frozen.And, in all fairness, I'd say that any profits remaing, unassigned by function, would be split 50/50, the value of being together in a partnership, might say the cost of putting up with each other!