SFR, 3/2 + "extra room that can be used as a bedroom" 1300 sqfPurchase: 56KRehab: 4kARV: 70kRent: $800 (according to PM, but I think it might be closer to $750)Vacancy - 8%Repair - 8%Capex - 8%PM - 10%P&I - $270Insurance - $50Tax - $90Cashflow - $120 ($100 if using $750/mo)Deal or No Deal?

Some tenants will do so if they have extra incentive.... such as cash for keys.

@Nate Burgher the value add is the lot is large enough to add an airstream in back, add a storage locker since two of the units are super tiny, so they aren´t huge, just passable to maybe give me an extra 550-700/month which would almost give me free rent.

I'm in San Jose working with a youth corps programs that is starting to do Tiny Home construction and we are reviewing all the regs etc for California -- the hope/goal is to make quality homes to service our homeless population then the community then eventually FEMA etc...These will be on trailers - Our approach will be to approach members in the community who would like to have the extra rental income by having on elf these on their property -- no doubt there's a lot of hurdles ahead of us but we have a record of building/construction - the challenge will be the market and regulations  which I guess always is the case....

Overlays are extra rules that lenders put on top of Fannie/Freddie (and others) guidelines. 

I am more curious about if there might be any difficulties I might expect since the money is coming from Canada, or if it will work just the same as getting a loan from the next door neighbor.

I have an 8 unit apartment building that has two separate entrances (one for each 4 units) and each side has an internal door to the basement where there is laundry and extra storage. 

Looking to purchase a home for my mom to live in where she can also rent out extra rooms.

I am having difficulty figuring out how to model a ramp up of acquisitions to determine how long it would take to replace my current income. 

Typically I pay a higher interest rate for the additional risk and pay for the attorney fees, but not extra points.