You can actually hit up to a 50% DTI with that program but not all lenders carry that option.DSCR- debt service coverage ratio will allow you to use the rental income to qualify for a home that currently has a renter(s). 

@Danny Ohalloran - Flexibility and openmindedness is a key attribute to carry as a new employee but also as an investor.  

I would highly discourage using anyone that carries any overlays at all.  

Even before proliferation of remote work, underwriters would just need a letter of explanation or email from the employer stating that you work remotely.

However, I just got the Charleston County's assessment letter and it shows that the main house is taxed at the 4% and the ADU on the property is taxed at 6%, with the entire value of the home being split between the two structures. 

Would it be advantageous to write a letter to the seller and include with your offer? 

If so, do you have a sample letter you could share?

Instead, you get a few emails, sign a legal doc or two, and carry on with your life while the checks show up.

I am going to send a letter to the owner however I have some questions before I do that.    

In my experience, most of the foreclosed owners cooperate or at least engage in some sort of discussion with the new purchasers to figure out a dignified exit or perhaps a negotiated cash for keys scenario.With the recent purchase, I left various messages and posted letters at the front door asking for a call back to discuss the living arrangement.