(I would like appreciation but I won't count on it.)I would also like to know from those of you who are investing in areas far from where you live if you are using turnkey companies to handle everything from purchase to management, or are you doing it piecemeal with Realtors and prop management companies?

So the bottom line is your certainly free to voice your opinion, just don't count on me to follow.

You may want to confirm with someone more experienced, however it is my understanding that once you have two years of rental/landlording income on your tax return you can count a portion of the rental income in your debt to income ratio for conventional lending.

You can't count on appreciation, but in those markets, that is the only way you will come out ahead. 

If so, bedroom and bathroom count is something to consider. 

It's residency that counts and can make a difference.

However, I am confident that there is a reason that the appraiser did not count the extra BR (either not permitted, not proper egress, no closet, etc.). 

Setting aside the physician-specific things, I can count on one hand the number of times I've seen a current full time college student qualify for a normal mortgage, excluding those times they were married to a spouse (or otherwise had a coborrower) with income.Good luck.

Defeated, I gave up. 

I didn't realize that the health industry actually counts as industry for an area.