@Maria LunaIf you have 3+ years of rental income the bank will basically count that as regular income for loan purposes.

If those lots are not counted in your Certificate of Zoning, you could appeal that they are wrong on the count (but you'll need a municipal lawyer to represent you) or you could go buy a $500 travel trailer and put that on the lot and see if you can get a city approval for electric hook-up (and if not, you're back to the attorney again).

Although, if you have to raise the rent on a unit that is currently occupied in order to make the deal work, I would not count on raising the rent for that unit, and see if the deal still works.

How can we get an current count on DOM, closed sales for an city or county level in a chart format?

I have been told that this doesn't count (my words), legally, according to Alabama state law.If the result of this correspondence is a Quitclaim Deed (or other outcome), is that outcome compromised in some way because we used email to get to it, even if the outcome is properly executed and, itself, legal?   

I’m not being judgmental, I lost few properties because I couldn’t get financing till the end of project......still, you have to count money.

Our blue collar area is Escondido (around a dozen units, too lazy to count).  

Are adults' parent counted as family members?

@Justin DominguezIf they appraise at 2M and you can get them for 1.5M would that count as your 25% down payment?

@Erik Baumer I stumbled across the Fannie guidelines that @Jerry Padilla was referring to:"If the property was owned prior to closing by a limited liability corporation (LLC) that is majority-owned or controlled by the borrower(s), the time it was held by the LLC may be counted towards meeting the borrower’s six month ownership requirement.