Depends on their motivation.If you get a relative to sell you an extra home they no longer want, they might be up for zero down.

It's a great way for me to learn and eventually make some extra cash on the side doing something fun.Is photography your main business?

I would suggest that you listen to a few BP podcasts where people have shared exactly what you have asked on the podcasts in great details.

Happy to share details if you PM me.

@Adam Sankowski, greatly appreciate the detailed response.

(if not bring some extra dollars)b) I like when buyers walk in to the house their feeling is, "I like the bells and whistles."

Investors will take the time to drill down on their numbers and get to know the assets in far greater detail than the banks ever will.

Total monthly payment (assuming taxes and insurance are included): $2205 + $417 = $2622Lease amount: $200075% of Lease: $1500$1500 - $2622 = ($1,122)That's an extra $1,122 per month that will be counted against you just like an extra monthly payment.With a monthly salary of about $7000 and great credit, there's a good chance you will qualify for a monthly payment @ 50% DTI, or $3500 / month. 

Please send details of the property.Thanks!

You don't go into detail, but I'm assuming the $1,400 rent would apply to the 3-bed house, not the 1-bed guest house, is that correct?