@Micheal Singleton I have the perfect person you should connect with.

But based on him saying that the loan is "being paid off every month by my buyer" it seems that we're dealing with A, subject-to.We need clarity, Anirudh.  

If you know your tenant base like you do, then you know which works for them.

The rent prices I was basing off of rent estimates I found on the web, so I'm not sure if that is a factor, but I can reassess.

Now I realize that not all situations will go exactly as planned but it is important to have a realistic plan from the beginning based on past results.Ivan, Hopefully this post was helpful to you in that it helped you consider different options based on your personal situation and real estate investing goals.

I have seen loan qualifications based solely on passive investment income from rental properties, social security/disability payments, pension payments, etc. 

Measure the right stuff - novices start by measuring success based on impressions, CTR etc., Those don't equal business results as Google Ads is ideal for lead generation.

Also if this property is on septic that also can throw a wrench into the ability to call a space "a bedroom" as septic systems are sized and permitted based on the bedrooms.

Originally posted by @Ryan Allison:@Kevin Chandler Hartford can vary street to street but with your price range you should be able to land something there based on what you're looking for. 

Based on what my mortgage broker told me a couple of days ago, these rates are in the low 7%'s, whereas the secondary home loan is low 6's.