It's a dangerous commitment if we issue a preapproval without thoroughly reviewing the information and then something unexpected pops up and we can no longer lend the money.

I've never seen anyone attempt to actually research the percentage of section-8 tenants who inflict damages or commit some sort of fraud--all we have are anecdotal horror stories.

I am the type that would set aside the needed time to jump head first/fully committed to the process. 

There's so many deductions in taxes and it's really a commitment to go the full 2 years without claiming many deductions to show greater income.

Basically HD is committing fraud.

But, not all markets perform the same, and knowing which markets are performing well and still generating strong returns, even in a pandemic, is very important information to consider when committing to a potential investment.

While the second home option might have lower interest rates, if you aren't living in the property you may be committing mortgage fraud, so this is why you want the lender involved.My Q to you is, is this really a property you want to hold and put in the costs to refi out, or if you are honest with yourself, you need to cut bait now and get it moved? 

Commitments prevent my Cape-scapades in coming from NY.Much success !!!

IN ADDITION the MN Attorney Generals office launched website for tenants to report landlords/pm's who violate the moratorium orders, and a commitment by the office that they WILL followup and prosecute all violators. 

Obviously this is decision is based on what you and your family are willing to commit to.Another option if you and your wife are ok with staying in the condo is refinancing and using that re-captured cash to purchase a multi family rental property.