Just document the numbers and give him a rational explanation of why the property is only worth what you are offering.

Your depreciation explanation helped a lot.

Thank You for the thorough explanation! 

The process took considerably longer than a HELOC for my primary, and underwriting kept requesting additional documents and explanations.

@Adam Hamilton thank you, that was a helpful explanation

If you are willing to accept the one with lower score, ask for an explanation.

@Ned CareyI agree that what you describe is frustrating, and is often quite arbitrary or comes with no real explanation. 

If you borrow money it has to be for ever a month in your bank account, otherwise you'll get questioned and the banks will most likely would not give you a loan unless you have a good explanation.

I’ve heard the strategy being your own bank examples & this simple explanation brings it home.

Wants two bids for every job in the effort to save $20.00 - not caring if the tenant goes without AC or hot water for several days.Does not understand basic accounting and needs constant explanation for what the income / expense statement means.