As one of the buggerpockets book authors Said...

I don't want to go any lower on the rent.I would like to here from other investors here in Lincoln about their experienced dealing with Lincoln Housing Authority good or bad?

A few lenders have offered qualification letters to give to the bank if our offer is accepted so that should help until I receive official word that they are willing to lend on the deal.  

Im not sure how the this would get back to the lender but if its officially stated as a "rental property" on the taxes I'm sure that won't help...

BTW, you can finance a home to an owner occupant without following mortgage requirements, so long as you don't have a collateral  interest in the property financed, meaning you can't foreclose or terminate the occupancy.Federal agencies often look to other agency determinations such as tax treatment to determine an installment contract, then they apply their regulatory authority to the case at hand as an installment contract.

Here is a link to the official FEMA flood maps.

A great source of properties in both areas is properties being sold by HUD.We are an authorized HUD Brokerage and can help.

@Russell BrazilThat is the same 10% the low level managers are authorized to give out if people whine at their stores. 

Get the original debtor's SSN and a "signed" authorization to release information.Provide to lender.

I will certainly get a authorization form.