You should do ok, but you might see a side of human nature you are not accustomed to.

I'm on so much that BP is second nature to me when thinking of real estate.

There is no upper limit, for instance, in NC per NC State law.Further, "This subsection does not apply if the home loan applicant is not a natural person or if the home loan is for a purpose other than a personal, family, or household purpose." 24?

Not great natural light but great lighting.

:You can pretty much write off December--people just aren't looking to move between Thanksgiving and Christmas. . . .There are a few scenarios where good people will move in this time window.The place they are in is getting foreclosed (and they are tenants); their place had some disaster (natural or fire); something renders the house unsafe or uninhabitable (think mold or lead paint issues), and landlord refuses repairs; crime spree in the neighborhood the are in; expecting a child shortly and need more space; change of jobs.There might be some other scenarios ...

Dave T I'm no CPA, just a natural born fool, so possibly they could have, but they chose not to after weighing out the situation.

I have seen that way to much where people will put in natural stone tiles in an old property, where the joists aren't rated for the weight, so the floor flexes and dips, causing the tiles to crack.With that being said..

You may also want to inquiry as to whether your area has a Landlord briefing in which they explain the process and your obligations as a Landlord on the program, specific things to documents in your lease ( inspections, maintenance, laws to protect Victims of domestic Abuse and things of that nature.

I could see rational reasons for doing it either way depending on the nature of the investments and personal liquidity situation.For example, if you were pulling a good wage and had savings you could make up for hiccups/shorfalls, so you may want the lower rate even with the bigger payment (your return would be greater).

They take full consideration of the strong positive feed back nature of the real estate market and chase the momentum without fear, the same way they have done to the stock market.