My question is: can we use projected income from the other units that we wouldn’t be living in to help get approved for a mortgage?

It wasn't actually passive income, it was a part-time real estate business.

In other words I'm sure that within a year he'll be at least matching this income and still be getting the severance.If a regular mortgage is out of the question I'm thinking of other options and would love to some the BP-folk advice.1.

No lender will qualify your income earned from a short term rental based on a profit and loss.

Yes, it's counterintuitive, but the lenders want proof you can make a payment on time consistently.They will allow your monthly mortgage payment to be about 35% of your total monthly income.

My goal is to generate a monthly net income of $5,000 to $6,000 from such investments, with the broader aim of retiring early.I would love to hear your thoughts on what you would do if you were in my circumstances. 

Hello, passive income!

It's more affected by temperature swings and many installers don't take this into account - leading to buckling.

We can also charge another 10% increase until the occupant supplies their ID and income proof and signs a lease addendum.The smoking issue is a different story.

With a Special Warranty deed they can only hold you accountable for title issues that happened during your ownership of the property.