If you're talking about CC debt and low credit scores I encourage you to correct those issues.

I.e. a prospect has a background check that under the owner's screening criteria says it may require an additional deposit, the owner must communicate with that prospect regarding that you may not do so.   

I wanted to do a quit claim deed in a similar situation and my attorney told me exactly what you said "Why bother with a quit claim deed when you can issue a warranty deed?"

Know that you will get phone calls / texts when something goes wrong or if your tenant is having issues w the property, etc.It all boils down to personal preference, goals, etc.Good luck!

Based on your numbers above I cannot imagine any of this would be an issue however as your DTI should be fine, but no one can give you definitive answers without an application.2. and the last sentence of the above IS the way yo insure a smooth process.

However, there's a critical ethical issue if the company did not accurately represent these terms or the process, leading to your misunderstanding.

Has anyone else had similar issues?

I was actually very content with the follow-up after the contractor communicated directly with the adjuster.

While it is difficult and time-consuming to get approved, the main issue is that the interest rate will run well into double digits and, to add insult to injury, you get taxed on the interest you're paying and you're forced to take a life insurance.

But there's are a host of other California (and Washington and Oregon) issues to consider: 1) Rent control.