@Craig Kincade congrats on your deal counts...

@Leroy Crosby The lender will count rental income of other units according to appraisal report rent comps.

Should I just count my luck?

The meetup was at Bill Millar's BBQ so I got a good lunch out of it and in addition to that, I was fortunate enough to be able to buy lunch for a veteran without him knowing, so I definitely count it as a win.

The lender standard is this:GLA is counted as finished, ABOVE-GRADE space.

If not during due diligence you should be getting a (PCR) property condition report outlining potential deficiencies and items of correction needed.Look at location of Dollar General with traffic counts, sight lines, access, population growth levels, income levels, crime reports, school systems, economic development department plans for the area, etc.If building is obsolete but rents are really low per sq ft and sitting on a nice piece of land then might have some upside in redevelopment in the future at higher rents.

Also, I asked about lot size as that's how unit count is determined if your zoning allows multifamily. 

And, that doesn't count the growth in the suburbs and surrounding areas. 

With FHA you can count the rental income from the other units at 75% to help qualify. 

Unless your lender needed 12 months in order to count the income to help with your DTI?