If you woke up in my shoes tomorrow morning, what would you do?

hey what's going on I was in your shoes a couple of years ago, in the military with an excellent FICO score and I wanted to get into rentals for the cash flow since I was going to be getting out soon, so I jumped in head first buying up rental properties, everything was ok in the beginning getting cash at closing and such but as time went on it turned into a nightmare!

However, I wonder if we should wait a little more for the other shoe to drop--interest going back up to normal and depressing home prices even further.I hope this has not been too winded and TMI.

If I were in your shoes, I'd continue what you are doing until I had 6 months of expenses saved.

You get the idea.There is a notion by many in your shoes to max out PITI based on rental performance and that is not always the best way to make a good loan.  

I hate paying my real estate attorney, as she charges me $200.00 an hour, but in this case, I would call her if I were in your shoes. 

How would you handle this deal if you were in my shoes?

The new fact that the transfer to the trust preceded the investment loan substantially hinders the claim, I would think, since the original lender presumably did not rely on the equity in the house when making the loan if it wasn't a personal asset, and OP steps into the lender's shoes.

I try to think what data I would want to have if i was in your shoes. 

If I were in your shoes, I probably would have at least tweaked the request amount just to avoid it looking the way I mentioned.