This site is an incredible platform that has numerous resources so definitely take advantage of it all.

Numerous problems - paid wrong insurance, double paid insurance, failed to pay insurance, incorrectly estimated tax increase by thousands of dollars, refused to acknowledge their errors, deducted wrong amount from our bank account for their calculation error and said it'd be a year before they could refund because they only did annual reviews, and when we finally refinanced away from them, they sent us the wrong escrow balance.

@Evan Parker1st, thank you for the thoughtful question.However, there are numerous in-baked premises & presumptions in your question. 

@Troy Warcewicz Everybody is looking for that same product in Raleigh, Durham and other parts of the Triangle.

Anything in the triangle between sevierville proper, Pittman center on the East, and Townsend to the west is going to be in the buy zone, but of course it will also be a case by case basis.

In the meantime, we are actively looking for investment opportunities in the triangle area.

With that said though there are ways to adjust rents, prepare for higher rents for the appraisers comps and is based on the appraisers opinion of market rents versus the PITIA or monthly payment (principal/interest/taxes/insurance/assessments).You can work the upper end of the equation which is the income and fix up the units to get a higher opinion of rental values or you can work the denominator which is the expense side of the equation by:- putting more money down (the worst solution of them all since it counters the whole thesis of why you're using FHA in the first place)- you can buy down the rate on the 30 year- you can switch to the 5/1 ARM FHA to get a lower rate and cheaper buy downs between rates (FHA underwriters qualify because on the note rate on FHA even with ARM's or adjustable rate mortgages)- you can get a lower insurance quote- you CANNOT mess with property taxes unless you know a politician locally (joking of course)At the end of the day the FHA SS or self sufficiency rule only has a numerator or denominator and you can work all ends but there isnt much else to make sure you can get the maximum loan amount per fha guidelines.A good investor and lender will be able to help you maximize both or prepare you in advance so that you dont deal with this stuff at the 11th hour (if you do you will be the best prepared you can possibly be prior to the application date).Best of luck, 

Im also of the opinion that this town will (eventually) succeed despite the numerous holes it decides to blast in its own foot.

I currently see numerous other options that are both more passive and project better returns. 

This site is an incredible platform that has numerous resources so definitely take advantage of it all.