After reviewing your application, we’ve determined that, unfortunately, we are unable to move forward with your application at this time, as it does not meet our established criteria for income and (other established criteria) We appreciate the time you took to apply and wish you the best of luck in your continued search for a home. 

And are they riskier than a typical conventional loan? 

Typically, RS3 permits SFHs and two-flats, by right.

Refrigerators aren’t typically expected in Texas single-family rentals, and it may be the same in Georgia.For other appliances, buying new is usually the better choice.

I’m planning to relist the house around April when the market typically picks up.

Even with the balloon, this is more typical for owner finance. 

You typically want to include those utilities because if unpaid they become liens against your property.

So I understand, you are charging the tenants a $145 invoice because the plumber was unable to find anything wrong with the garbage disposal.

These properties typically do not have rent growth that keeps up with inflation.  

I’ve been thinking DSCR but don’t they typically have higher down payments and closing costs?