@Jill F. actually 60 minutes could be (and possibly should be) the determining factor.

I personally feel that the Lennox still has a better long term usage than a new GMC but as I said, right now the main goal is maximized appraisal price.Thoughts?

Hi Ron,I always recommend Todd Fleming's, "If You Can't Wholesale After This, I've Got Nothing For You" you can't go wrong with that to start but the main thing is you must take action!

They're mainly looking at the one property in-question, not you as a borrower necessarily, nor your overall income vs. debts. 

Mainly looking to start with rentals.

Important factors are the type of property (condo, 1 family, 2 family, etc) and the town it is located in.

Your DTI is not a factor

The property is located near Main Street and the local college campus... pretty good location for this small town.POPULATION:14,096UP 6% SINCE 2000AVERAGE INCOME:$59,823 PER YEARAVERAGE AGE:33 YEARSGENDER:50% MALE50% FEMALEHOUSEHOLDS:5,09936% WITH CHILDRENAVERAGE VALUE:$141,509OCCUPANCY:70% OWNED30% RENTED13% VACANTAVG.

During your underwriting make sure you are not being overly aggressive with factors related to these items (and other items you may find in your own research). 

This was primarily done so I could have more control over my own career/earnings, but I retained every aspect of the company (including it's 4 employees) and re-branded with a new name and mission as she was a great appraiser but not much of a businesswoman.I didn't have the liquid assets to buy the business outright, and it was a bit wonky in the math anyway since I was a top producer, my gross earnings couldn't really be factored in to the totals as I would have made that anywhere.