If you want lower your standards that’s your choice but be prepared for issues either with damage or non payment of rent and going through the process of eviction all while you’re collecting nothing and having to pay the expenses along with legal fees.

Today, I saw one of the dogs on the deck. (1) She wouldn't have been approved had we been included in the vetting process, but we don't want to evict her (unless she stops paying rent). (2) I do not like pit bulls and these dogs are pit bulls (not interested in discussing pit bulls or any dog breeds for that matter).What would YOU do in this situation?

If that's true it'd be mighty fine of you to not do any of the above and move on to a more legal business venture.

Remember he pays all costs/legal fees for drawing up th emortggae.You need a significant non refundable DP to cover your costs if/when he defaults.

My wife and I have been approved to buy our first home.

I would make sure it is a legal bedroom in case there is an issue and you have to contact you insurance company or you are reported for substandard to the current code.

The city is still continuing to develop, since they've only completed about 50% of the approved construction projects.

Not a big fan of including all the little fees in my calculations, legal, marketing, etc.A 2/1 in 'C' neighborhood rents for 1800 a month in Westchester? 

Either way, I would find a way to get rid of this tenant legally.

If you connect with the homeowner, does the bank have to approve any deal you make as long as the loan is paid off?