., I have a STR near the OU Medical Center.

We both are in the medical field so this is definitely a learning adventure for us both.

This seems peculiar to me but I am quite new to this and don't know how I can prove that there were water issues before if the tenants that are there now claim that this is the first time they've experienced it in the 1 year they lived there. 

We have 2 loan scenarios: FHA with 3% interest rate and 3.5%($17,000) down BUT we have to claim $150k of income on our tax returns for 2 years and pay IRS 70K (2 years worth) total in taxes because we are self employed. 2nd scenario: private lender offering 4.5% interest rate with 5% ($27,000) down 8 year interest only loan converting to fixed thereafterwhats the wise choice?

If not, you should sue in small claims if you think its worth it.  

They first comment back after a claim is to deny it, and then you have to fight them tooth and nail to get something out of it. 

I would always try and go in with a witness to prevent any false claims against you.Normal Access should be with 24 hour notice.

Insurance companies hate water damage claims. 

I would like to point out though that the post I just copied was not your first investment like your title claims.

Not only is it moral, nothing works better.And as you all know, I never give empty claims.100% free, 100% organic, 100% completely hands-off.