I have an extra bedroom that I will be renting to my friend. 

Me and my partner Brandon whom I work with are hunting down investors looking to make some extra cash.

This is precisely the reason why I'm upset with Intuit, because you're right, had I known this before I could have stopped that tenant from paying through Intuit.Indeed, companies aren't perfect, but typically, when they make a mistake, they go out of their way to fix it manually, Intuit didn't go the extra mile.

That said, if it were me and I would not miss the extra 5% down, I would be locking the 4.125%, 80% LTV deal, saving on fees and avoiding PMI.

The properties are in British Columbia, Canada.

Teaching a dog the "hold" command sets you up for some extra fun photos.Enjoy!"

If the tenants are month to month that's no big deal, but as the new owner/manager of this property you'll have the responsibility of maximizing income and month-to-month leases add extra risk of unexpected vacancy. 

So actually, the seller made a nice $5000 extra. 

A friend of mine that I work with is the one who originally turned me on to REI as a source of extra income, and earlier this year I bought my first duplex with an FHA loan.

They need a 2.5X income to rent ratio and must show me a monthly expense budget that leaves $200/mo. extra in savings for emergencies.