As suggested, focus on what the rest of the credit report tells you regarding history of collections, accounts 60 and 90 days overdue and just how much of this applicants funds are tied up in financial obligations (car loans, student loans, etc.)

For forty years I have bought and managed properties for my own account.

Account Closed Correct me if I'm wrong, but it seems like you are asking if you can pay yourself a salary while flipping a property?

Why should appraisers take cost, or rental income, into account - when it's only market value that counts? 

Paid $96k for a 2 Bedroom, 1 bath HUD home in downtown Windsor, CO in Nov. 20133.5% down, FHA with escrow account - we had 30 days to paint exterior, get water, gas, electric turned on.

Websites like LendingOne have an online preapproval app and someone will get back with you.

You also better know exactly what the lease situation is and you better account for any deposits paid by the tenant to seller.

Viewed the demo and did some research online.

If you take into account that rent will continue to increase over the years while your payments remain the same your cash flow will only increase.

They have no skin in the game at all.The PM should have REQUIRED the deposit from you if they have the executed lease, otherwise how can they account for it on move out?