Even if you don't have reserves, you should be fine since it will appraiser well.

They even have their guys fine tune the boiler & HW systems every year.

@Jay Hinrichs There's a saying "Everything's fine...until it isn't." 

You can get insurance but there’s always fine print and loopholes for them to deny and cancel coverage.

Getting a flat fee is generally fine (bird-dogging fee) but you may want to consult a RE attorney about accepting a percentage of sale.

Can't owner occupy (which is fine) but if you have the money that's fine.

If it’s a W2 and a single rental, turbo tax should be fine.

You could get 30 years in the nearest fed pen and$1,000,000 fine.

to me there are credit lines and then there are credit lines.IE the vast majority have a heloc on their personal home or maybe a rental.. with a credit union local bank big bank etc.then you have credit Lines that are unsecured for business purposes .I have not heard of credit lines being frozen yet.. but I sure saw it a ton in the GFC.. and very few folks that get them on their personal resi or a rental.. actually read the fine print and therefor are shocked when they go to access their heloc for this deal they want and its frozen.our facilities are on one year terms with a mandatory 30 day rest per 12 months.. its been that way for me for 20 some years LOL.. mine are unsecured and of decent size i am not talking 50 to 100k..

@Monty Bruckman if you live there, you should be fine to rent out rooms.