Not sure if this is best practice for the investor (because from the books Ive read here I haven't heard a single person say they waited 2 years), or in the best interest of the mortgage company?

Maybe, but it certainly is not a very practical business model right now. 

The core value proposition is as follows:Help residents build credit and move towards home-buying with better loan / mortgage optionsDrive more consistent and on-time paymentsDifferentiate from other properties / landlords that do not offer thisPlease don't hesistate to comment on the thread or DM me to chat or receive more information.Thank you!

That is, if over time, you consistently buy properties that are good investments for the long haul, you will come out ahead, whether or not the market is up or down.

It's a basic banking practice.

Joining my local BP meetup on a consistent basis is the #1 thing that has helped propel me forward over the last 1.5 years. 

Lending practices were drastically tightened after '08 which has subsequently lead to better underwriting and better debt securities.

@Andrew AngererCan you brake down the closing cost what is it consist of ?

Mean time, she is practically squatting without paying rent and we must resolve this mini crisis because we are loosing rental income for couple months now and hefty eviction/court fees as the days drag on. 

What I can't seem to determine is the rental potential as in will I be able to keep it consistently occupied in one area as opposed to the other.