It's a gamble in any case and I recommend working with an agent that knows the seller well and knows how to submit offers with success!

Cash for keys are starting to go by the wayside, and any of the programs that are still available have set specific guidelines.

Rob,This is a new Federal guideline?

Building a new two car garage is considered new constriction/addition and there is zoning guidelines by street with requirements for yard space (ie can't cover over x% of the lot with building/drive), distance to neighbor, etc.

How would you invest a million dollars to net a $100,000 income a year without gambling and taking too much risk?

They have some guidelines they are bound by.

Our guidelines clearly state that we will, so I forwarded to the buyers agent, to forward to the listing agent.

However, I would be leery about calling a bunch of lenders and asking them if they do investment loans over 4 because most of them who think they do don't end up knowing their own guidelines because they don't do a lot of them.

If they back out they have eliminated themselves as unqualified.INCOMEA good guideline to follow is ensuring the household income is 3X the rent.Your manager states "She is currently not employed (but will be)".

I'm also willing to take a gamble on my skills at assessing the condition of the property from the outside.