Numerous problems - paid wrong insurance, double paid insurance, failed to pay insurance, incorrectly estimated tax increase by thousands of dollars, refused to acknowledge their errors, deducted wrong amount from our bank account for their calculation error and said it'd be a year before they could refund because they only did annual reviews, and when we finally refinanced away from them, they sent us the wrong escrow balance.

In fact, either one involves humans, so any of the above are possible, along with kindness, charity, community, honesty, caring, motivation, creativity, generosity, compassion, family and love.Hopefully, a hybrid or evolutionary combination of beliefs and practices will bring the human race to a higher level of enlightenment, as long as we don't get so outraged at those that don't share our perceptions or beliefs, that we destroy each other first.

With that said though there are ways to adjust rents, prepare for higher rents for the appraisers comps and is based on the appraisers opinion of market rents versus the PITIA or monthly payment (principal/interest/taxes/insurance/assessments).You can work the upper end of the equation which is the income and fix up the units to get a higher opinion of rental values or you can work the denominator which is the expense side of the equation by:- putting more money down (the worst solution of them all since it counters the whole thesis of why you're using FHA in the first place)- you can buy down the rate on the 30 year- you can switch to the 5/1 ARM FHA to get a lower rate and cheaper buy downs between rates (FHA underwriters qualify because on the note rate on FHA even with ARM's or adjustable rate mortgages)- you can get a lower insurance quote- you CANNOT mess with property taxes unless you know a politician locally (joking of course)At the end of the day the FHA SS or self sufficiency rule only has a numerator or denominator and you can work all ends but there isnt much else to make sure you can get the maximum loan amount per fha guidelines.A good investor and lender will be able to help you maximize both or prepare you in advance so that you dont deal with this stuff at the 11th hour (if you do you will be the best prepared you can possibly be prior to the application date).Best of luck, 

Im also of the opinion that this town will (eventually) succeed despite the numerous holes it decides to blast in its own foot.

I currently see numerous other options that are both more passive and project better returns. 

This site is an incredible platform that has numerous resources so definitely take advantage of it all. 

With there being numerous ways for investors to purchase a property, it's important to know some of the some of the more common financing options and their pros and cons.

I'm just trying to make sense of your comments.I really don't think this generalized comment based on perceptions is very useful.

There are also numerous other issues that are less clear cut.Also, I am in the process of moving property management (obviously) or trying to sell the property now that the issue has been fixed (at my expense) if anyone has any recommendations on that front. 

@Brandon Svitak We have numerous clients that are college landlords.