The problem is my limited paper trail.

From their perspective, it makes the paper trail clear that it's a non-owner loan.Steve Vaughan Have you seen the same?

Do you carry major material tickets such as lumber or is it better to just paper contract everything and bite the bullet on costs?

It also fails the 2% rule, but on paper (and arguably in real life) you're pulling in over $2000 per month profit, of course minus maintenance expenses which WILL come up, and IF you have section 8 tenants, vacancies as the unit needs to go through inspection (while vacant) prior to a new tenant moving in.

What I am is an independent contractor that works with notary signing companies, and other business that require a professional, dependable, extensive background passing person, who travels to people homes and helps them sign mortgage applications, mortgage papers, refinance papers and anything else that a long distance company may need to have someone help them work with their long distant clients. 

I'll bet as soon as I get chickens they will enforce that though...In any case, the new house is in an HOA with no rental cap but they require board approval on paper.

The tenant had all paper work to show he was.

He was using 4 large bath towels to try and soak up the water.The flood was so bad it had soaked a mat in the garage below – right through the floor/ceiling.He could not get the water disconnect to fully shut off.

A new research paper was recently publish that examined and explained the reasons for Warren Buffett's investment success. 

If one makes sense on paper and my family / friends on the ground have a good feel, then this is where I'm not sure what makes sense.Would you fly out to see the property before putting an offer in, or would you wait until inspection, or both?