the only way your going to b e accepted as a tenant in a $200k+ house is if you find a landlord who will charge you a premium to the normal rent or someone you nknow.

I e-mailed some brokerages a while ago, 3 of the bigger names that have notable training and never got a response.

@Bill E.

In Illinois this is:Section 16-125(e) and (f).

The exchange of paperwork including with the credit union was mainly done by e-mail.

cb=1http://caselaw.findlaw.com/pa-commonwealth-court/1666687.htmlhttp://law.justia.com/cases/pennsylvania/commonwealth-court/2013/2328-c-d-2011.htmlhttp://www.paed.uscourts.gov/documents/opinions/07D0883P.pdfhttp://www.macdonaldillig.com/david-e-holland.htmlhttp://www.alblawfirm.com/index.cfm?

For example if you make 10k per month and all these payments add up to $4900 you would be at a 49% DTI.To use the rents from the subject property you must have 2 years landlord experience as evidenced on your schedule E from your federal returns.

When I advertise a unit for rent, I'll get an e-mail response, and send out a 10 question pre-qualifying e-mail.I have a potential tenant that listed their income as "1250 not including tips".

The new competitor actually fits The Site better than the relocation because it only requires 10,000 sqft.The Projected Numbers:Land285,000Development $65 Ft2$650,000Total$935,000Rental Rate NNN10.00Square Footage10,000Gross Revenue$100,000.00Value7.5% Cap$1,333,0007.00%Cap$1,428,5716.5% Cap$1,538,461Cost of Sale:R/E Commission($85,714)Closing Cost($28,571)Lease Commission($50,000)Net Proceeds$1,264,286Less Cost to Build($935,000)Net Profit$329,286

Here is a link to the home:http://www.redfin.com/TX/Austin/2211-E-51st-St-78723/home/31418874Any Advice would be greatly appreciated