When I read the original post I was ready to be super sarcastic, but I will not be too harsh.BUT, you gotta be kidding that you expected an FDIC regulated bank to lend you money without having ANY leases.

My local area is high demand low supply so I may not be able to do better than a 'base hit' here.- just taking some time to sharpen the axe :)

When I toured the property it looked like the owners before had duct work ran supplying A/C to the garage, and it's all sheet rocked which tells me they may have intended on converting it and just didn't follow through.I'm really hoping despite the area though I could get a tenant or two for room rentals.                                                               

@Twana RasoulBecause there isn't enough supply in my area.

Tell them what they need to supply, and if they do not, move on to another applicant.

Sales volume was down 47% from 2019, and median days on market remained volatile, rising from 14 to 26, but houses sold for 99.1% of list price, and inventory dipped below a 1 month supply, at 0.9 months.

They will know the latest regulations, what is required, how often, etc.  

@Stetson Gatlin all of the questions everyone has posted are all good, just make sure you ask the same questions with everyone due to fair housing regulations.

If you use it for rent, utilities, working capital, mortgage, inventory and everyday supplies you should be fine. 

I use Washington Kitchen, Penn Supply, Construction Mall, and C&R.