Binder method with current tenant. 3. 30 Day notice to end lease and find tenant that can afford market rates.

Any stores in particular you'd recommend in the other areas that are affordable?

StephenHI Stephen,Most conventional lenders will allow 1 30 day late within 12 months but not 60 day late and if you have multiple 30's you generally have to wait 12+ months to re-apply.There are other loan products that are called non QM or non qualified mortgages that might entertain your scenario.

As we all know, this affordability crisis is making it difficult for first time home buyers (such as myself) to get into the market.

That gives him three months to find gainful employment and ensure he can afford future months, and it gives me a double deposit in case it doesn't work out and I have to evict or something. 

You think that the properties in Florida will continue to appreciate and I am seeing that we have reached a plateau in price with the ability of First Time Home Buyers to afford a house in Tampa.

The goal is to make good affordable apartment in a good city.

With 13% appreciation in 2020, and rent rates that vastly exceed a mortgage payment, if you can afford to buy, you should. 

I can't pretend to understand why a bank will refinance my purchase once I own a property, but they won't finance before I own it, yet that's been the case every time.If you want to buy property without a bank because you have cash on hand, find properties that you can afford with the cash you have or can raise privately.

This is the kind of entertainment I needed as a pick me up today.