Their banks are unwilling to count my husbands second job as an income because he hasn't been there for 24 months.

Conventional lenders will look at DTI, you also probably want a lender that can count rental income right away towards dti.

You can really leverage up your unit count.

Does the living room count as a "sleeping room" in this case?

@Wayne Brooks I was under the impression that the change made 2-3 years ago was that buying in a single member llc counts for seasoning so you don't have to wait an extra six months after moving a property to your personal name to do a refi.

I can count how many times I've said, "rehab shouldn't cost more than $X" and been wrong, but it would take me two hands.  ;-)  All that to say, delays, hidden problems, and cost-overruns are common in older, cheaper houses. 

I had a 2+ hour meeting with them on Monday and did gather some info about the facility.I was listening to a podcast yesterday storage units and they said make sure you know your traffic count, is there a formula you use once you know this #?

Some lenders may even count them towards reserves. 

@Davis BarnesAs long as you get a job in the same line of work as you went to college for, you r college history will count towards your work history.

@Sam GibertiFHA will count your college history towards your work history.