@Greg Cook- 1) rental income from the new  home you are  buying should be  usable for  part of qualifying income  2) a protion  rental income from another owned  rental  property should be  usable even if  propererty was  acquired  6 months  ago 3) the  new loan for the 2 property would need to be a  rental property loan and not a " second home loan "

I bet they're cooking.....or worse.

Unpopular opinion: The current tenant and lease make 0% difference to me- I'm buying a property because of the way I know I can make it perform, how it's performing today doesn't matter to me at all.

Flipping is the only area of investment that seems risky to me at the moment.

.-- Maybe renter cooks spaghetti for a long time long in the tiny unit.-- Maybe mini-splits are too big and not running enough.-- Maybe mini-splits mounted too low to grab higher humid air (hot air rises).-- Maybe it's an air circulation problem, ask the renter to put a small 9" fan (like a Vornado) on the floor in the doorway (pointed up at a 45% angle) in the bedroom.

STRs have kitchens that can allow savings by cooking instead of dining out.  

@Dillon Cook mostly agree.1) We warn owners of this all the time - yet they still expect to get top dollar!

@Greg Cook happy to refer who I work with.

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