Among the things that ended up being required of me to build up my DTI: a). pay down all credit cards to zero, b) file for social security despite not needing it yet c) take my first 2 mos. withdrawals from my IRA (not needed yet either) d) two of my different SFR tenants have started "home preschools" which landlord is required to accept under Calif. law, and one was backed by a major corporation, but the loan had to be switched to a third property because the HUD (I think) guidelines which allow the lender to re-sell the loan won't allow for "care homes" or "pre-schools" on the property.  

I’ve spent years in corporate property management for both public and private sector.

Few items to consider.Management fees because of the size in rents I assume its a large multi-family.Closing costs don't even amount to 1% generally speaking 3-6% closing costs is the national average.

There have been a lot of responses to this question on a national level, but i wanted to hear from investors in the Spokane area, specifically. 

It's more than just making money and using people for your profits (because isn't that what corporate america does and aren't we all trying to ditch that?

This was my first experience with a  National HM Lender. 

They give big bucks to corporations with large headcount instead of "wasting" their time with smaller LLCs or even self-employed.

Title will be on both of us, morgage only on me.3) 31 years old4) a stable job at a large corporation that I started 6 months ago: $159k base salary+10% bonus+$15k special bonus+$16k in stock for next 4 years (vested annually); good health insurance5) $10k car loan6) no other debt7) pregnant wife (1 child coming soon)8) wife is a university student and still has 2 more years; $16k in annual tuition.

Federal National Mortgage ***'n, 462 Mass. 569 (2012)"The meaning of the term "mortgagee" as used in the statutes is not free from ambiguity, but we now construe the term to refer to the person or entity then holding the mortgage and also either holding the mortgage note or acting on behalf of the note holder."

At the same time, many successful investors I listen to seem to have deals all across the nation!