My little memory device is CCCR.Close.Comparable.Closed.Recent.If it doesn't check all four boxes, good luck getting an appraiser to consider it a comp, barring extraordinary circumstances. 

I can't remember which has the higher...Either way your definitely limited in your investing by using Fannie Mae and Freddie Mac financing institutions. 

Meaning if your plan is to convert your current primary to a rental and purchase a new primary (for the sake of the favorable LTV/down payment terms) you could use the rent you are being paid to help you get into another 1-4 unit home w/ a 5% down payment (Through Freddie Mac).The catch is you need to be able to document it.

Luckily through my relationship with mortgage company I am working on obtaining a loan through a 1 year self employment Freddie Mac program. 

Home Possible is Freddie Mac product.

Penny Mac is looking at giving me a loan but the interest rate would be 4.3.

If put a heater by thermostat control, than it read that higher temp in that specific area and doesn't cycle system through unit, because of the alternative heating device at thermostat control. 

We have a device we call a "utilities budget" which we use mostly with our student properties.

The reason I changed from LLC's to a corp, or Sub S corp is to resolve the Fannie Mae 10 limit / Freddie Mac 6 Limit,  rule of financed properties.

I recommend reading the interview linked below:http://speakingofrealestate.blogs.realtor.org/2011/08/29/are-your-short-sale-clients-colluding/KC: Effective in September 2010, Freddie Mac required our servicers to use an arm’s-length affidavit, a short sale affidavit.