I'm assuming not much other than the fact that I may have a buyer lined up and could close quickly.

And the people doing stuff usually have private money lined up. 

@Brian Burke  that line always cracks me up.. "  have a great deal and the money will find you" or inference that all U need is a great deal and its no sweat to raise capital.. not in my experience . 

Call the City information line and work your way down through the phone tree. 

My current line of work is as a producer of online content.

.- Any expense on line 18 "depreciation" can be "added back" to income no questions asked (your new roof being depreciated over X years being a good example), meaning that it will have zero impact on your DTI.- Any expense on line 14 "repairs" can only be added back with a bunch of supporting documentation matching exactly & based on a human underwriter's judgement call on the "one time" nature of it (and how that underwriter's mood is on that given day) on a one-off basis.

The second wave is Job loss based on that; then people can’t pay bills; more companies are hit; more layoffs, and somewhere along the line property values drop either as a result of tenants not paying rent, foreclosures in the area, landlords panicking and accepting less money for rent, etc.

As I understand it: As a 1st lien holder you are actually 3rd in line behind the County (taxes) and Utilities. 

The area is in the downtown of the town that I grew up in( so very familiar with the demographics and historical rents etc. ) and have noticed it trending up for the last decade or so due to nightlife, low crime and decent schools, major train station in town, and the coast line with beaches .The house  has two units which are currently yielding 1600 and 1500.

@Taylor Philley    Apartment complex owners are normally smart enough to look at the bottom line.