This error ultimately had major implications because I would have looked at higher valued homes in different areas...this mistake also almost caused me to be denied the financing on the deal I found within the loan limit they set for me based on this incorrect DTI ratio.Long story short always double check the lenders calculations.Nonetheless I'm grateful that I'm able to move forward on this rental property.

Small motel and bed-and-breakfast operators complain that the business model endangers their survival.""

Ultimately, they want you to remain in the home, and if you buy another home and move to live in it full time you're somewhat exposed to their rules.Hope that helps a bit. 

Perhaps there are some consequences to that.But ultimately, consider whether it is possible for you to settle with this tenant.

Check out the ultimate Beginners Guide by Brandon Turner, be active on the forums, listen to the podcasts, read the books and take action!

They require the buyer pay for these services and while they may benefit the buyer they are ultimately for the benefit of the lender.

I know we live in a small state so ultimately I could drive to any of them but time is precious and closer the better.

With the rest, if there is any, be creative with your financing options whether your expenses are thinking about is wholesaling, or Fix and Flip, or another short term investment that get you were you ultimately interested in.  

Until then, I have a stable job with a monthly income of 3,000 USD that can help me survive and pay the bills in these next 4 years.What are your thoughts?

Many have stated that they are proud of being successful without formal teachings and ultimately these courses are unnecessary, however I feel this is an opportunity that I should not pass up and can only make me better no matter the direction I go.