Reproduces.3% Wool:: One of the most popular textile based material in the world3% Beef:: Literally grows itself at the rate of 3 per 2. (1 female makes 2-4 generations per lifespan)3% Water:: Cause you cant drink oil3% Oil:: Cant cars dont run on water1% Russian Currency:: Fluxuates vs the US market, Can leverage 1:50 in foreign markets1% US Currency: Can leverage 1:41% Chinese Currency: 1:251% French Currency: 1:81% Swiss Currency: 1:31% Danish Currency:: One of the most stable currencies in the world at the moment.1% Mexican Currency:: guaranteed spikes and drops every 7 years, predicative with presidency change.1% Canadian Currency:: Value tied to oil, hence why when you buy oil, you buy CND, Vice versa.1% Peru Currency:: currently tanking due to the US will rise shortly following new world bank, which is made up of China, Russia, and several other world powers at this point. 1% British Currency:: Because the british pound is seperate of the Euro, and should the EU Collapse, and thus be nullified, Britain, still using the pound, will observe a substantial spike in value of the pound.

The front-end loan officer that you are working with doesn't give a rats behind about whether the future servicer of your loan carries full term and makes all that money on additional interest.However, that is absolutely a byproduct of you financing a higher interest rate, IF you never sell or refi early.Instead, the more accurate answer to your question is that the loan officer is actually doing their job and offering you options so that you can make the best educated decision for YOU.  

"Where's the Beef?"

Your beef is with the HOA and you could probably sue them for damages if they negligently or intentionally delayed sending the documents, but it doesn't sound like you'll have any damages unless you lost the sale - but since you're trying to get out of the sale that's not really an option. 

The issue for a lot of first time investors though is that they beef up their numbers so much that they walk away from great deals so they can "be conservative".

My parents have a 400 acre farm (generational farm which has long been paid for) down the road which my dad and I both run beef cattle on.

I fully believe that a lot of slumlord situations is really the by product of tenant abuse on the homes and landlord finally giving up pouring money into units that are just going to get beat up all over again.     

It can be a bad bad deal if the terms are not correct. my beef was with your "changed nothing and shaved 10k off principal" more than anything. where did that money come from?

I got a medium sized box and bought some quarts of beer, small bottles of liquor, soda, beef jerky, pre-cooked bacon, fresh fruit, Hustler magazines, work gloves, etc.  12 items altogether. 

HI Jennifer there are pros and cons of conventional.The first is rate, if rate is better with one then you may be inclined to pursue one versus the other.Sometimes the property doesnt have high enough rent or the DSCR will be too low and that as a byproduct will cause you to bring in too much money (IE instead of 20% down you have to bring in 30-40% to make the DSCR formula work).