I am currently looking to diversify my income stream and am looking at certain retail and fast food buildings for sale in my area.

GonI recently posted a BP blog that my give you some food for thought.  

Do you have enough cash reserves to keep food on the table if your wife and you don't have any business for the next few months?

Another tenant was $50.00 short but was at the Cleveland air show (priorities) that can exceed $100.00 per person once you figure food, beer and parking.It honestly doesn't bother me too much as everyone has to pay a late fee if I'm not paid in full on time.

Of course, any rental income you have left after that does get hit with Federal income tax, but not with the FICA / Medicare taxes the ordinary wages of our poor hardworking employee are subject to.Furthermore, as a member of the military you get BAH and BAS (housing and food allowances) and you do not get taxed on that money, and you still get to claim the standard deduction on your taxes.I hope those facts help you get into a more positive mindset about your rental.

Love the Southern Hospitality and the Amazing food options.  

Just food for thought, you may want to research the implications of both decisions before making the leap.2) The 85% rule is a fallacy the only thing that is 85% with FHA are max cash out LTV's or 85% of gross rents minus PITIA = net rental income or payment to qualify for or income to be added to your qualifying income.3) can you order  another appraisal?

. , I work on the other side of I-55 from Mobil, were a food based oil refinery which convert crude palm kernel oil into various types of cooking oils.

Food for thought.

The building trades gets the American kids who were considered too dumb to go to college, or Mexicans - and Trump wants to deport most of them.