Quote from @Tim Parker: 11/2020 @Tim Parker   Unless the 60% loan to value just happens to be the most your debt to income ratio/DCSR (which ever approach you are using)  can qualify for then that does not make sense. 

I don't want her to think that partial payment is acceptable(especially at the outset of a new tenant relationship) Besides the tenant stated to my PM that ATT(cell phone company) auto debited $500 from the tenants account(Hmmmm...🤔🤔) I find that to be far fetched and I'd rather just move on from a tenant I don' t trust- complete the cosmetic rehab and get a new tenant in the unit. 

shouldnt' matter for delayed financing, it only changes the timeline concerning the calculatorit does however change funding requirements. make sure you know the program rules. 75% LTV or 100% of HUD whichever is lower. if you have rehab costs they must be on the HUD at the time of closing to get the cash back out for it. otherwise you are stuck with only cashing out purchase cost.

Per Fitch guidelines, when you have an investment grade tenant (credit rated BBB- or higher) you can average rents through the lease term or until loan maturity whichever comes earlier.

Whichever nets them the biggest return is the path they will pursue.

Good luck on whichever route you chose.

@Colette B Which ever cash flows better is the right answer. 

He isn't a broker or PM so the management will be done by whichever local 3rd party PM you choose after the sale.

Here is a quick comparasion: Solo 401k Quick Facts: Best for: A business owner or self-employed person with no employees (except a spouse, if applicable).Contribution limit: Up to $53,000 per year (plus $6,000 catch-up contribution for those 50 or older) or 100% of earned income, whichever is less.

I don't use the pay services that will track cell phones, but I do use whitepages.com, radaris.com (but I think they just changed to an everything costs money thing, yp.com whitepages to find land-lines or "listed" cell phones.