Pension, separate 401k that gets heavily contributed to, and not other debt than auto.Any advice or direction would be appreciated, thanks in advance.

They don't scrutinize DTI as heavily which is great.

I consider appreciation in my models but not as heavily. 

Real estate lingo is its own thing and they test heavily on your ability to understand rules and supporting information on the state test and national test. 

Just make sure your numbers work for you and heavily discount the owner's numbers if they are not backed up by records.

The lot (not sure if house is still there, its heavily wooded) has sat untouched for the last 20 years.

Remember, because it’s “non-residential” it’s not heavily regulated like the residential market, so you need to ask “all” the questions and probably good idea to get it in writing .Like I said, be happy to chat.  

We are renting this by the room to traveling nurses and professionals on a monthly basis.We were heavily inspired by our incredible agent, Sherief Elbassuoni, who has a similar model and system for managing room rentals.

I weigh far more heavily on stability and income over the credit score.

He is heavily involved with the National Real Estate Investors Association and can answer your questions.