My lender just informed me that the rules regarding rental income had recently changed, and unless I have a 'rental history', I would not be allowed to show the rental income as additional income.Anybody else heard of this?

My personal opinion is that this rule applies to shingles, siding, decks etc etc etc.

Don't you mean 14.99% with a 20K liquidity rule?

Do they usually have any weird rules in general and in particular against having roommates?

If you're working with a rehab, general rule of thumb is that you don't want to have purchased the property and fixed it up for more than 65% of its ARV.

That would be like having used car dealers make there own rules when it comes to inspecting cars that they sell.

* Before you sign the lease, obtain a copy of any rules & regulations

Solicitations are not acceptable, except in the classifieds area, and there are rules for posting there.Just create a sig with a link to your site, and get involved.

Did you read the forum rules before signing up?

This is where the 60% - 40% ownership rule by Filipinos/Non-Filipinos derives and is applicable as it is the Condominium Association that owns the Land and holds "Freehold" title thereto.