CMHA also approved a substantial increase in the section 8 rents.  

Your property might be legitimately worth $1,500 and the tenant qualifies for $500 in assistance, but can only afford to pay another $500 for a total of $1,000, they won't approve $1,500.Unfortunately, you can usually only find both of these out when you have an application and lease signed from a prospective tenant and submit it to the local housing authority.

Every adult residing in your rentals should be screened and approved by you.Criminal history is not an automatic denial, but you should definitely consider risk.

We also have a strict policy that anyone 18 or older living on the premises must be properly screened and approved. 

What happens if you have to go get your project approved by the local ANC?

I currently sit at $258K to go on the mortgage and did this through a small bank, which I believe approved me for such good financing at the time.

As long as it's approved for STR use then I would go this route.1) Buy nice once and never buy again.

Contact local lenders, mortgage brokers, or even credit unions to understand the current rates and what your approval chances look like.

I live in Phx,Az , where should i apply for a mortgage loan first at my local bank (wells fargo) or use a broker, a lot of people here tell me to start with my bank as they have all my info, if i get pre approved anywhere i wouldnt be committed/obligated to go along with the deal right ?

We live in the greater Seattle area, WA, and just got pre-approved for a loan.