Just food for thought.

In addition Tennessee has a very high sales tax . 9.75 % on many items and I think 7.25% on food.   

Everyone is responsible for theor own food and drinks. 

It has everything to do with having a lot of what makes you happy.People can have wealth in family, friends, food, money, etc., etc...

There was food  stains on the ceiling.

Love the Southern Hospitality and the Amazing food options.  

You just have to pay for your own food and drinks if you want to. 

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?

This is basically my/our situation.We are four college students who are completely debt free with the exception of utilities (phone bills, insurance, gas, food, etc.).  

Free food will get people in an agreeable and talkative mood. :-)  "You know, my man Fred inherited this house from his uncle Gerald and he's three years behind on his taxes and wants to get rid of it, but he hasn't gone about putting it up for sale yet.