That obviously can make a huge impact on the ability of a unit to be rented.  

How big a problem would it be if they did so, in terms of financial impact / wasted time / etc.?

Low impact tenants are lawyers, CPA, financial professionals, etc.

It has been over a week that I submitted my conditional documents and it is still not fully approved.The lender that my LO signed me up with not only has an underwriter review but also a Quality Control review and a final investor review (So, they can sell my mortgage in the secondary market immediately)So, how likely am I to go through all of these levels of scrutiny in just 2 weeks if I don't even have the full underwriter approval yet.I am so worried that it is starting to impact my health now.

@John PuI'll try to answer some of your questions here.1) Due diligence should involve verifying all the numbers as on any deal, structural inspections, environmental study, etc.

Only way CapEx would impact DSCR is if capex costs are included in the loan (hence the debt service is greater).

I probably could have gone back and requested another appraisal, but it wasn’t a huge impact, so I looked at it as a positive of having a lower loan and more cash flow!

What tips can you suggest for finding the gems in an impacted,Sellers market like LA?

I just had to be a guarantor for the note, but that has no impact on my personal debt to income ratio.

.-31 spots-16 septic tanks (two spots to each tank)-Lot rent $200-5 Tenant owned homes (TOH)-1 Park owned home (POH)-About 3 vacant homes able to be renovated-About 4 destroyed homes that need to be removed-18 vacant spotsIncome (monthly)-$1,200, not including the POH rent, only lot rent.Expenses (monthly)-Trash $400 -Environmental inspections for homes moving in $40-Street Lights $240-Capex $40 (Roads, Well pump replacement)(Still formulating what other monthly expenses there will be i.e insurance, management)-Total: $720Other Details-On well water-Individually metered for electric-No property management-About (1/3) of the park in a flood zone-Flood zone spots require a FEMA foundation (2k-4k to build)-Owner owns free and clear, seller finance is a possibilityI have been thinking about offering the following options to the owner:1. $100,000.00 Cash/Bank Financed.2. $118,250.00 Purchase Price, $10,000.00 Down Payment, 180 Month Term, $601.00 Monthly Payments, 6 Month delay in payments (In order to create cashflow).3. $136,600.00 Purchase Price, $5,000.00 Down Payment, 240 Month Term, $548.00 Monthly Payments, 5 Month delay in payments.4. $167,000.00 Purchase Price, $0.00 Down Payment, 360 Month Term, $464.00 Monthly Payments, 4 Month delay in payments.The DownsideThe moment I add in the seller finance debt service, the deal is negative cash flow by $100-300 each month.