I think we are going to combine both stances and also info that you guys have given us so that we are not jeopardizing our company and making ourselves prey to sue happy renters, but so that we are still being honest to renters that blatanatly the question. 

I truly believe that if you combine BP with a local meetup group you'll be just fine.  

Combine that with a lack of cash flow and this is a losing proposition.The price-to-income ratio is already in excess of 13 so you have to ask yourself how are prices going to triple or quadruple in 20 years?  

Combining meetings with BP has provided me with lots of info nuggets!  

I'm thinking of combining the cash you have + seller financing + bank loan.If you tell me what you have, I can help you figure out the numbers and all that.Best regards,Kevin 

The combination of strategies and systems implemented by a well-trained team under a great leader could lead to a massive competitive advantage just like what you've achieved. 

I've been declined at 2 small bank for a combination of being new to bank, inexperienced and credit score.

And you can combine it with sec. 1031 to turn some of the tax-deferred gain on investment property into tax free primary residence gain.  

I've found some lenders who work with rental properties based only on the income of the property, not the borrower's debt-to-income ratio, but they basically do blanket loans for multiple properties and their minimum value is higher than the combined value of these properties.So on the one hand, I can't get a regular bank loan because I'm self-employed, and on the other hand, I can't get a blanket loan for investors because the property values are not high enough.

If I had to speculate I would assume it probably has to do with a combination of being more stringent on the rental cap due to FHA guidelines and their requirements, along with wanting to preserve the building's atmosphere of being a condominium not a hotel.