The bank can / may approve you with this contingency if the debt to income is too close for their comfort.

They may not approve the loan based on the condition of the house. 

Congress would never approve the level of spending that he would require or agree to the amount of taxes that he would want to raise. 

@Juan S.If you are going to purchase HUD properties, you are going to have to do it their way as there are zero exceptions The EM will be made out to the title company/closing agent(they must be on HUD's approved list)The EM will need to be overnighted(unless local) to the listing agent and then they will overnight to the closing agent. 

They'll simply have to sign a corporate resolution before close (signed by all members) stating that they approve of this particular transaction and all agree to give "____" signing authority on behalf of the entity.Pretty basic stuff.

Even if you have a student loan payment of a few hundred dollars per month, you should still be able to get approved for a mortgage.  

I’ve also purchased many mobiles in parks without the approval of the management.

I guess it's hard to tell without the full inspection, and that could change things.I also used 5% interest rate, which seems high from what I've seen through pre-approvals , although the big banks all want 25% down payment.

The government regulatory inspects your properties to make sure the property is being cared for by tenant and landlord.They also tend to stay for a long time (5 years plus) in my experienceRent raises are easy to get approved.

In your contract you can ask to approve the new tenant.