for a DSCR loan, you'll need to wait 3-6 months and conventional, 12 months.so should you pay all cash just to beat everyone else out, and then hope that the appraisal gets you some of your investment back? 

The reason I am selling the Condo is to pay off some personal, and unexpected debts of about $18,000 to decrease my DTI to help me qualify for my Dads VA loan (they want to move to Texas), which is a 3BD 2BA single family home. 

Insurance companies have many exclusions and they may not cover everything, but they can help to pay for some of the costs of a lawsuit.Good:Using one LLC for all of your rental properties.

It's also helpful to have pay stubs and a W-2 form on hand to bolster your mortgage application.

They may not be able sell their home using traditional on market methods, or even afford to pay off their loan.

My suggestions are to stop making more money to avoid paying taxes.Does that solve your problem?

Since you are just graduating college you may already realize that it's not what you know, but who you know (as a personal note, I had college friends that were barely passing their classes however they ended up with really good paying jobs due to "who they knew").

As the others have said 1 week is not long enough to begin worrying. 3x rent is industry standard for a reason, if they make less than that there is a good chance they will have difficulty paying rent at some point.

Right now we require two incomes in order to afford the mortgage and looking to downgrade/rent for a while and be a single income household so wouldnt be able to pay the mortgage for the house unless its being consistently rented on FF.

Ask to see a copy of the lease and look for the length of lease, current rent amount, tenant obligations like paying for utilities and adhering to house rules and look for Landlord obligations like things the landlord may currently being paying for (like trash and water)Make sure to have an assignment of the lease and clear language on the security deposit WITH interest shall be transferred to the new owner at settlement.Consider tenant quality - what’s their payment history looked like, obtain rent receipts or bank statements from the seller to review on-time payment history.