@Matthew Kwan, he is asking why the underwriters will not allow him to use the proposed rental income from the subject property at time of purchase.

Use this time to save up and educate yourself a little better before making the next purchase.

The answer is NO. 

Are you trying to raise the rent?

If you want to get the most out of your new Pro membership, add a photo, a bio, and some information in your profile so people know they are communicating with a real person.

Hi Sally, thank you for the referrals, I really appreciate it.

page=LoadVirtualDoc&BookmarkID=6536) that capped annual increases to the Taxable Value of a property to the lower of 5% or Michigan's Cost of Living increase.

@Thomas JaskulskiIf it is a good deal, the buyers will be the easy part.

I think your best approach is to pretend you are the investor yourself, calculate build cost (mortgage with interest) + Maint / cap expenses/ management fees according to your zoning and then compare that to the average rent in that neighborhood.

What are the pros and cons of a Single Family Homes vs a Townhouse for rentals.