Owner finance defeats both those desires.

There's actually four types, those that can, those that can't and those that don't try to count.

Sounds like he was fair and honest with you up front, that should also count for something.

In a significant change in lending standards, underwriters are now counting rental income toward income qualification.

This double counts vacancy, so assume the lower end of about 10 units.

I am taking a slightly different approach, I am not concerned about my buyers list (although I have collected cards from every re-habber, I could in the three different REI meetings I have attended in the last 3 months - Dec. did not count!)

I do believe that the Patriots will win but I dont count Denver out simply because new englands defense is not good.

They might give you 5k for condition but thats about it.At the end of the day, the adjustments they make are based on:1) Square footage.2) Bathrooms.3) Basement4) Garage5) Condition (although this is not used as often)6) Lot sizeStrangely enough, I am not even seeing bumps for bedroom count.

I have purchased another one in December but since it was a no money down deal, I'm not counting that one. 

The tenant's I have like this arrangement, because they can count on a fixed rent, they end up staying longer, and they take better care of my property.