@Andrew Angerer if you are using a conventional lender you have zero control or decision with the appraisal.

Furthermore, it can get a bit wonky if the lease does not specify as to the garage and basement one way or the other, and their use of these areas has been tolerated for some period of time.

They have stronger leases, policies, and procedures.

"f off, I'm not writing a 'CPA letter' because my liability insurance policy will be cancelled if that lender sues me!"

You are not going to find an investment out there that will pay a better yield than 18-22% with zero risks.  

Rightly discerning her anxiety helps me understand her definition and position concerning risk, which is different than my tolerance of risk because of our personalities and life experience based on what we saw in our parents while growing up.Understand, my intent is not to "close" her like a salesman in order to get her to side with my position.

One is to try to get a copy of the HO6 policy and call the insurance company.

So Thomas I think you misunderstood what I was trying to say, although I’m eligible for VA with zero down which I (earned from serving my country) my plan was not to get a house while in the situation that I’m in that would be foolish. 

When a borrower gets behind on payments, other categories go up, but the UPB stays where it is for NPNs.Corporate Advances- any recoverable fee that the lender makes to protect its interests under the terms of the note: forced place insurance or payments on the borrower's existing policy, property taxes, property inspections, fees paid to a trustee or attorney for foreclosure actions.Escrow Advances - if the borrower has an escrow account for property taxes and/or insurance, some lenders will differentiate these advances corporate advances.

If your primary goal is equity and you have the time, skills, desire and risk tolerance, then the BRRRR strategy might be the best way to go but it's not easy to pull off remotely and is risky.