If it is personal bank statements then all deposits will be counted toward income whereas business bank statements will take only count 50% of deposits towards income.The DCSR loan will take into account the Mortgage payment versus the rent.

Then you're both starting from an objective versus a subjective point and you can negotiate up and down from there.

I was going to short-term rental my property but opted to long-term rental the unit.If you are going on deployment, making money from it is a great idea.I would be careful with any person managing the unit, and make sure they have experience.Also look at:Short term rental guidelines for your cityBusiness license/permitsCost of property managementCost to furnish the unit, if you are doing thatShort term projected returns versus long term projected returnsThe benefit to doing this now is that when you return you have options:Continue renting it, and buy another houseRent somewhere while you await PCS ordersMove back into itThe reality is we don't make enough money.

I'm hitting 56 right now so I  need to determine what the best strategy is for us versus what a 20 or 30 something might due. 

@Jim Angers I am not sure what you mean by dealer versus investor?

Example, if he is selling to payoff medical expenses or a grandchild's college you will know that you need to have  downpayment large enough to pay that off versus if he simply no longer wants to deal with the hassle of dealing with tenants he may be okay with a smaller downpayment and larger monthly payments.

Depending on use, you could even get away with an oil filled radiator heater that runs on 120 volts versus installing a 220 circuit.The way I did it was to utilize my central gas boiler.

SBA 7 versus 504; ask them.4. 

My rent was about $350/bedroom in a 5 bedroom house versus my sister in law who lived 2 blocks from campus and her rent was $800/bedroom plus the landlord was charging them monthly for parking spots.

So... that is a 65% swing in your favor and you get ti invest that money versus just burn it with the IRS.3) I get the trust thing but not really I mean... of course you want to trust them with but this is money due to the IRS, it's not yours anyway.