Or are you trying to buy the property as an owner occupied primary residence while living in another state? 

Also, if you haven't already, make sure zoning laws allow for that use, and that there is no code provision that prohibits a certain number of unrelated individuals to live in a single residence.

There are multiple VA assumable loans available here (where you can assume a low interest rate mortgage in the 3's or even lower) assuming you can qualify.

I have a prospective tenant that filled out an application.However I need some advice on qualifying this individual.The current rent is 3600The applicant is a family The Spouse doesnt work The main applicant gross W2 income is around $10000 monthThe monthly net income is $5700No car loan's No credit cards balancesThey pay $800 month on a personal loan.Since a rent check is written after net income is received.

Do you know if the loan allows you to use the property as a primary residence?

Mostly, you’ll be renting to local residents (some of whom may be employed by the university), but they’re not paying the rents that students are.

Ultimately the lender will require a personal guarantee from the borrower unless the property qualifies for non recourse financing (which is rare and generally applies to larger transactions than those contemplated or executed upon by BP forum posters).

Use the following:$6M in stocks$2M residence$2M SavingsDon't want to say a number completely unachievable.

Hello EveryoneI currently reside in Los Angeles but I am buying my second investment property in the Houston, TX area. 

The Seattle City Council voted to pass two bills Monday, each aimed at adding more protection and assistance for residents who face rent hikes.The first bill requires Seattle landlords to give tenants at least 180 days’ notice of any rent increases, triple the current number of days required.