Just a plain old boring lease with a security deposit made, move-in date on the lease to be about 3-4 weeks after you intend to close on your new purchase.We can use rental income to offset PITI on your old house, fixing your DTI.After that lease is up, evaluate the performance of your old home as a rental property, and either keep or sell it at that point.

(common in this area)Rounded a bit, this is $2283/month.IncomeUpper Unit = $1450 (realtor said a conservative estimate would be 15 but I think that this would be more accurate although it is not rented out yet.)Lower Unit = $1150 (leased for another 4 months)Total= 2600$Income-Expenses= $317To be safe I have always been told to have a security margin, usually 10% of the income in case of vacancies or other issues.$317-$260= $57Is this the correct way in analyzing this property?  

If people didn't see the returns or weren't happy with the tenant performance they wouldn't keep investing in Cleveland, wouldn't keep investing with us and would look for other options.

I'm willing to take calculated risks, but don't feel that its a smart decision to take on a project without performing a thorough analysis on the utilities. 

We have mobile homes and parks in Charleston with good success and have been curious how containers will perform.  

I have done in depth research and can accurately predict interest rates will rise or fall in the future.

Don't formally rescreen now because the income etc you have is probably more accurate then whatever new info they  will come up with.

Can't tell you how many folks have been jammed up or had their purchases delayed by a month or more because I have to tell them how to game the FICO algorithm to accurately capture their creditworthiness. 

How do I go about verifying these numbers they are giving are accurate?

You can only break the lease if they do not perform, i.e. late rent, noise, etc.You can always give them an incentive to pack it up.Good LuckGino