This sounds way too detailed to be merely hypothetical.But anyhows, to answer the question, I'd have to say BOTH.

Do you have a more detailed investing criteria?

The extra income just made sense to me since I didnt have a family and had some extra rooms.

Even so, we pay extra for a yard debris bin at each of our multifamily properties for things we may want collect in-between service pickup dates. 

Looking to combine the equity in my first home along with my extra income to start building on something more than my current net worth.

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.

Let me share a few details to give you a better feel for the situation.THE DETAILS:FIRST, I'm a buy-and-hold, very part-time investor.

On top of that they are relatively easy to sell, where something like a multi family has a smaller buyer pool.So back to the details..Purchasing my first condo with $30k cash, then another $10k, puts me at $40k total investment, I rent out for $800 a month, after all my costs I'm looking at $450 cash flow per month.

I’m not saying you’re a scam but these mortgage brokers just could be extra cautious about stuff like this  It also could be some mortgage brokers are able to find some loan for most(80-90%+) of their buyers.

@Sean Monahan could you go into more detail about the incentives from local companies?