If you don't know the subject inside and out you should not be giving "answers" here to confuse people who will read this in the future.Furthermore, you don't really need GSE guidance on this one because its a simple concept and goes way above and beyond just one GSE's selling guide. 

Have been trying to use calculators online and am pretty confused.

I'm confused @James G. did he show you the property in person or not?

I think people get this confused with what a Cap Rate is of the property and what Cap Rate is used in the market price calculations.

The basis revolved about 6 times.Let me know if I am confusing this with something else.Thanks,Dave

I am confused, in an earlier post you mentioned Private Money Lenders take first position on the loan and have all the rights as a mortgage company to foreclose.I guess Private Money Lenders will be 2nd in line for as long as there is a mortgage on the property, correct?

Even more confusing, 400 SQFT one-bedrooms would rent at a much higher $/SF than a 700 SQFT one-bedroom even in the same apartment complex. 

I did, however, confuse Nevada requirements with California requirements and it appears there is no requirement for recency on the California education.

I’ve been doing research online but I feel as though I keep getting different information and am started to get confused .any information would be great!

Thank you You are confused on the vacation rentals home rules.