I had two of these loans fall apart on very good deals in the Berwyn area this past year, and I always counsel caution when considering this loan product. 

What would you do...The house is located in an excellent neighborhood, huge development recently took place across the road.

70 to 75% ltv and as far as the dti is concerned it would be calculated on a full doc loan but there are some stated income refi products out there at a slightly higher rate 

Besides facebook and craigslist....what are the best sites to attract the right buyers for this product?

Get training like MoreGCI to track what productivity you need to be making each month.Most of all, stop reading/learning.

your best bet here is to find a professional that knows the area, product and market you are selling in.

Hire a excellent agent who understand the local market. 

A Guide to Modeling and Overcoming Analysis ParalysisI am a numbers person by nature and often consider excel to my second home for my 9 to 5 job and so I can relate to those who find themselves wanting to exhaustively model a potential property and the cashflows that could result.

Since you don’t need cash flow from the house to survive, you can easily do 7/1 or 10/1 ARM product to save on interest cost and get your money out My two cents

Pros - Higher rents than renting to a family, I can pop in anytime to check on the place, if one guy moves out, I don't lose the whole rent, no wear and tear from kids or pets.Cons - Higher turnover (I usually do month to month which also has higher rent), potential for parties (but I screen very carefully so this has not been an issue at all), parking, roommate drama (rare with professionals).Just another option to consider.I'm a mortgage lender myself and I wish we had a 90% product like that MACU loan!