Idea: My contractor friend said that I could just rip up the floor, leave the current joists as they lie, insert new joists 16" on center, and put down plywood subfloor.

She's lying....Paying a full year rent up front....its a carrot to make you overlook and ignore your typical screening process.

Per Fannie.You'd have to do the cash advance 2+ bank statement cycles in advance, and then lie to the lender.

If you pursue it, I would only do it if I had a well trusted commercial investor or agent to work with me.Where the real potential in this property may lie is in the 22 acres of land. 

Don't miss out on this opportunity - get off the fence and make sure you're prepared for what lies ahead!

You are in the "chicken or egg" loop, @Brianna Lopez which is so easy for us investors to get into.  

I chicken dare you to tell me I am wrong!

Adding any other information was inviting trouble, especially since the PM was good enough to be honest with you - my experience has been that most landlords that are not professional PMs - and most of those, too - will either not respond or lie outright.

@Nathan Harden@Joel Broyles@Jeremy H.I'm not going to lie, selfishly, I was pretty excited to see this news recently because it should really separate us from the pack.

You shouldn't lie on a mortgage app, that's mortgage fraud.