Impossible to say without knowing the loan program, and lenders have overlays, but 6 months of payments (PITI) is a good ballpark rule of thumb.

When someone asks if the we take Section 8 the correct answer is that we "take in to account all sources of income however the unit has not been inspected to be included with the Section 8 program". 

Interest, insurance, utilities etc etc, so your math is way off.What you presented does not appear to be a "deal" it appears to be an offer you could make in order to maybe get a deal.

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We are interested in purchasing a vacation rental and immediately participating in a rental program.

I am sure you have read if you obtain an FHA mortgage your minimum down payment on 1-4 units owner occupied remains at 3.5%, however with conventional more than one unit you would be looking at anywhere from 5-20% down (depending on programs in your area). 

Opioids from Johns Hopkins and the University of Maryland Medical Center continue to flood the poorest of neighborhoods, leaving the African American communities in a perpetual state of addiction, along with the need for constant government assistance programs.

@Steven ParksIt appears you are pursuing this topic on multiple forum threads. 

I commonly changed the filters when tenants moved but I've had a few who appear not to cook much. 

there are other lending programs that would not require this but if you are wanting the best programs agency debt then @Janelle Groenhout has the right idea