Let's say the appraiser says $1300 should be the fair market rent (picked the middle for an example), 75% is going to give you a $975 "credit" of what they'll count towards your income. 

I am in the middle of trying to purchase a 2 family house located upstate NY.

He seemed like a stand up guy and they were pouring concrete yesterday, took a break to come look at the place in the middle of the day yesterday.  

With $500k income, would you rather be the financially most successful, least successful or middle of the pack among your friends?

@devan Mcclish The building is directly in the middle of the town square on the main drag.

The wholesaler that gave us the property address is also a middle man to the contract holder so basicly that puts 2 people in front of the actual seller.. not sure if I should pass my contact to them or work out some other arrangements.

Anyways, the house was off-market for a month, middle of winter, so I went for it.  

Hi Bigger Pockets Community:I am a new member in lovely Middle Tennessee.

Oh we have tons of SFRs, but its rare to find a single MFU smack in the middle of a SFR neighborhood.

Nevertheless you have to run your race at your pace not someone else.Consider spending 30 minutes for 30 consecutive days on Bigger Pockets.