Someone with a good enough income to pay the rent, but enough negatives in their credit to prevent them for qualifying for a mortgage.

The following simple analysis tells me no.Income = $1,980 per monthExpenses = $ 990 (50% rule)NOI = Income - Expense = $990Mortgage payment = $1,033.38Cash Flow = NOI - Mortgage payment = - $43.38 per month Most investors are looking for a MINIMUM of $100 per month per unit (that's $200 for a duplex).This deal is in the negative.  

Outside of an unexpected cap-ex expense it at least let's me know a "bad month" won't go cash-flow negative.

December 2016 Statistics At-A-Glance• 971 – Homes sold in December 2016, 4.4 percent less than November 2015.• $196,800 – Median price in December 2016, 13.8 percent more than December 2015.• 1.6 – Monthly housing inventory in December 2016, 0.1 months less than December 2015.• 37 – Average number of days homes spent on the market in December 2016, four days less than December 2015.• 1,564 – Active home listings on the market in December 2016, 4.3 percent less than December 2015.

Just so you understand holding costs would include the negative cash flow of the property while you are house hacking.If you can post your analysis data I would be happy to give my 2 cents.Hope this helps

Must be the desire to stay positive that makes me not like a negative company name :)

I used to always say "fail forward" but that had a bit of a negative connotation.

For example, in original loan estimate there was a lender credit of 500 plus now it becomes 200 credit and even that is used to offset much higher appraisal related charges 650+150(investment cash flow schedule)And to be clear, I made it clear this is investment property upfront, not like I want to take advantage of cheap government money by pretending this is a primary residence Anyway, this ranting was partly due to dealing with them and with insurance along the way accumulated enough negativities and it just pushed me over the edge even by smaller deal surprise at final closing statements.

Does taking out a personal TSP loan for the down payment for a REI property negatively effect getting a conventional loan?

Here are the numbers to prove it, coming from just a small sample of Bay Area transactions (the actual numbers are much larger):You've got negative net migration from nearly every single surrounding county.