If remodeling work is required then you might need a change of occupancy (don't know how Co Springs handles that - some jurisdictions don't concern themselves with that) which can be challenging.

If you look good to the mortgage broker have them write a letter on your behalf saying that if you apply for mortgage in 12 months chances are very good that you would get a mortgage as long as you keep your job and protect your creditNo that is not a mortgage qualification letter, but it should satisfy the ownerNext, I would get references from my previous landlords that you were an ideal tenant.

You'll find more challenges on that than you will on the "Produce the Note" offense that borrowers have tried over the years with limited success.I'm taking an excerpt from a law school publication on the subject:https://www.brooklaw.edu/newsandevents/news/2013/~...

Just long enough to satisfy the requirements of a VA loan.

AU is great, we have our challenges here as I guess any market does. 

This is the first time that I have had to withhold more than 25% of a damage deposit, and this is my most challenging tenant.My question was how specific to get in the letter to the former tenant. 

An LLC with no real purpose and without a strong Op Agreement will satisfy just that:  no real purpose.  

I'm going to need to extend until I am satisfied about this thing that you either didn't know about, or pretended not to know about."

For me, this is fine and although I'd like better returns, finding properties which yield more than that in safe neighborhoods in the valley is very challenging.

Very late responding to this post, life challenges... but thank you fellow pocketers