You just need a 650+ credit score.  

You just have to have a 650+ credit score and they do an appraisal on the property.... that's it.

Sounds like they needed way better people running that show.One thing I don't understand... lets say I get 6% cap on a rental, a real 6% cap (not this self managed and no cap x fund version of 6% cap) and I borrow money for 6% from the bank (I know I know, I could get 5% possibly right now... just an analogy)... isn't this like running on a treadmill thinking you are running across town???  

I wrote this post a few weeks ago, you'll likely be able to relate:Driving for dollars – Learn from a firemanOne of my best friends is a fireman and the most fascinating thing I learned from him is their version of “driving for dollars” study method.

Since we maxed cards to get this one done it brought our scores down to where it is not very easy to refi.

Credit score in high 700's.

Increasing by only $25/month will help her see you're looking out for her, too, and not just yourself.Short version: I think a $25/month increase is perfectly reasonable.

Just depends, yours is a unique version.

I plan on renting the apt to offset the mortgage.The place needed a little work (fix up one room, new floors, putting in whole new kitchen), so I got an FHA 203k loan - streamlined version. 

Credit score greater than 700If working a W2 job D/I of less than 80%If self employed a positive cash flow of more than the monthly payments of my loan verified by their Income tax returns.Loan is no more that 80% of the ARV of the property or up to 100% of the purchase price of the property which ever is less.