Anyways, I went through their prequal procedures and was granted their approval letter but they are requiring me to put 20% down instead of the 10% that I have already been approved for by a different lender.Due to the nature of my current employment they were excluding some of my annual salary even though I have been receiving it for the past 6 years and have no indication of not continuing in the future.

In NC, around $500 for house worth $75,000; $1000 ded for nature and sewer/plumbing; personal liability; loss rents; medical; can't remember the rest.

It has natural gas connections in most of the rooms.

As the IRS says "Rental activities, by nature, normally do not require significant day-to-day involvement, i.e. they are not time intensive."

Smoking is a hard habit to kick.Even if she kicks the habit she might replace it with a healthy habit exercise,church,etc. or another negative habit alcohol,drugs,etc.You just can't quit you have to replace the void with something.Since her income is great I would take a much larger deposit to cover the risk.Just like pets,other tenants moving in people will not always tell you the truth.It's human nature for many tenants not to be 100% honest.

Since a number of you guys gave me totally valid reasons as to why you are asking this question, I was happy to acquiesce to client requests of this nature moving forward.However- what do you do when you come across a property profile where it isn't entirely clear?

Naturally, he asked the question: What's has been the difference between you and me?

I am naturally a very passive aggressive person.

A "material fact" involves health, safety or welfare, or is a fact that would naturally affect the buyer's decision making process.

Id....You said you have excessive debt for Chapter 13, but did not say whether that was of a secured or unsecured nature.