Now I'm in no position to wait for six plus month and have the bank tell me they don't accept my offer.

They also appear on Sched B of your personal.Do you as an underwriter still take a positive view of the passive interest/rental income as losses sustained were from recent acquisitions & rehab expenses ???.

Taking their cash flow, paying off one home at a time and once one home is paid off, acquiring a new one and continuing that process until I'm in a position to either pay cash for a home, or pay it off within 3-4 years.

I also went to GA Southern for a couple years so spent plenty of time in Savannah.The biggest advice I have is to make sure the numbers on any property you find work, i.e. it is anticipated you will receive positive cash flow.

It seems like the numbers could work for positive cash flow and following the 70% rule, but I'm not sure if the town that the property to rent in is a strong candidate to own the property.

My fiances was offered a professor position at Cal Poly and I'm excited for the change.

Hopefully, your Net Cash Flow is positive for all properties and thus helps your DTI ratio.

However, I realize that the math is positive if I choose to go that route.

If you're primary focus is capital growth (what I call appreciation potential), then you'll want to focus on more cyclical markets where you can get a positive cash flow but stand to gain more on the "back-end".In both cases above, you'll want to stick to markets that have a sound economy and a healthy housing market.

What you might be suggesting is hidding it, but then doing that could allow a seller to sell, say for more money, putting the optionee in a position to sue to enforce his option, if he is not prepared to take the option, in the real world, would that be a good move.......probably not, you might kill the sale, but then what?