I'm in no way trying to brag but trying to be truthful with you.

I'm in San Jose working with a youth corps programs that is starting to do Tiny Home construction and we are reviewing all the regs etc for California -- the hope/goal is to make quality homes to service our homeless population then the community then eventually FEMA etc...These will be on trailers - Our approach will be to approach members in the community who would like to have the extra rental income by having on elf these on their property -- no doubt there's a lot of hurdles ahead of us but we have a record of building/construction - the challenge will be the market and regulations  which I guess always is the case....

Overlays are extra rules that lenders put on top of Fannie/Freddie (and others) guidelines. 

Truthfully - because we already have a trip planned to the area in late September.

The truth was I could have gone higher, but my offer was also weighed on how much liquid cash I had in the bank to play with.

I have an 8 unit apartment building that has two separate entrances (one for each 4 units) and each side has an internal door to the basement where there is laundry and extra storage. 

Looking to purchase a home for my mom to live in where she can also rent out extra rooms.

That is not only truthful, but it is not going to raise any alarms.It's the same thing with the stepson in the townhome.

And truth be told he is a little crazy but seems in my experience some of the most successful people in history were a little crazy. 😜 

Typically I pay a higher interest rate for the additional risk and pay for the attorney fees, but not extra points.