This will allow you to qualify solely based on the income that is produced from the rent of the property.

Your primary home doesn't produce cash flow and is a pure expense.

I've been trying to look on biggerpckets but can't seem to get results on it.

Hey,I was asked what a typical Gator Method deal looks like recently.Each Gator deal I do is different in some way, but here’s how a recent one played out.It was with someone who’d already found a property AND they’d got a buyer for it.I didn’t have to do ANY of that work.All they needed was the earnest money for the deal which is why they reached out to me.We talked on the phone and agreed on my rate for the investment.I then sent him the paperwork and wired the money.Simple.And the result?

An experienced agent will list your property with the language, "no showings until an accepted offer", to avoid violating your tenant's rights to the peaceful enjoyment of their home - possibly resulting in their lack of cooperations and a lawsuit against you.

Add prop tax, insurance, general maintenance/cap ex, P&I, misc and I do not see how any realistic underwriting can show this unit producing an acceptable return.  

Result is insurers were leaving the state or at a minimum higher risk areas in the state.   

If the violations took place prior to purchase, I would at least give them written notice that you are aware of the previous violations and that just one under your watch would result in an eviction.in the meantime, I would shop for new insurance and pass the increase on to the tenant.

If you go another month then 16% lower would have resulted in more income. 

No idea how long these lawsuits will take and what the result will be.