Underwriting said our usable income is not sufficient for the bank to grant the loan.A mortgage officer from another bank is working on it and said he sees no issues, but I haven’t heard from him in +24h and closing is now scheduled for Friday.

You have 6 months to get it repaired and occupied with possible extensions if your making measurable progress that they find sufficient.

That should be sufficient I believe??

The vast majority of offers will get rejected - some by sellers vehemently offended by your price.

3 to 4 unit properties using FHA are subject to the self sufficiency test. 

Most section 8’s are more than one person, but assuming there would be sufficient for single people, you have no kitchens....extensive renovation costs.

Realtors in your area will typically know as well, due to the vast amount of properties they have walked and their feedback from their customers (contact them).

I want to say thank you all for the vast amount of knowledge you have shared with me.

They also have this pre-foreclosure crap which just confuses everyone as a vast majority of those properties never get listed or are even for sale..  

Under these laws, the sender’s printed name at the end of an email, in the email’s signature block or even in the “From” line, can be a sufficient electronic signature to bind the sender to a contract formed by that email exchange.Courts across the country are increasingly enforcing contracts formed by exchanges of emails that appear informal and are unsigned in the traditional sense.