How did we go from having sufficient housing 5-10 years ago to suddenly having a serious shortage?

FHA Stress Test (self sufficiency test) for 3-4 unit properties.

Owner agrees to maintain sufficient and prudent all risks property insurance and that the Manager shall be an additionally named insured.

Would a recirculating vent be sufficient, or should I explore other options like a microwave with a vent or a ducted ventilation system?

I have had some refinances come in with RIDICULOUS appraisals...luckily we had sufficient equity to make up for this stupidity.

In HUD’s experience, such documentation from the internet is not, by itself, sufficient to reliably establish that an individual has a non-observable disability or disability-related need for an assistance animal.

Even that may not be sufficient.

What cash-flow, if any, you plan to generate from this property.If you are short on cash and/or your rental projections will be tight, then the 7/1 ARM might make more sense.If you are good on cash and/or your rental projects show that you will be generating sufficient cash flow, then the 30-year fixed might be a better option.I have used both mortgage vehicles for my properties, dependent on my situation at the time.  

All that to say, if you have sufficient evidence that the market is showing the value of the home is different than what the appraisal comes to, then appraisals should not be an issue.

The way you describe this is as a pass through entity which is sufficient and simplifies everything.