@Jason Jebeles,Homeowners policies are typically inadequate for Short Term Vacation Rentals such as HomeAway & Airbnb.

The best rentals (for passive cash flow) are typically in B/B+ neighborhoods (good demand, low tenant turnover, but not such high PITI that you lose all your rental income to the bank). 

rate/term (i.e. no cash out) are typically 95% LTV, but truth-be-told, I don't quite understand what you're asking.I will say that down payment on a traditional mortgage (i.e. conventional loan) cannot be a loan.

Typically, the IRS likes to see at least 2 years. 

He or she will tell you exactly how much they can finance based on the current interest rate and the Debt Service Coverage Ratio (DSCR) that they need (typically 1.15).

Pencil it out assuming 10% capex and 10% vacancy plus all of your normal expenses including taxes, insurance, general maintenance, utilities, water/sewer etc...On a tri if the income for the 2 covers all your expenses including mortgage and taxes and you can live in the 3rd then I would consider that to be a good deal.These deals exist in baltimore but you might have trouble finding something turnkey in a place you want to live so maybe check for something with some deferred maintenance that you can force some appreciation on.Good luck!

One rule of thumb that I have learned from hanging around a very experienced lender is that portfolio loans are typically not the right product unless you are getting more than 10 properties.  

I know a lot of buyers, who never rent their house out, so, they have no idea, what is it's typical rent.

I guess someone is negligent, maybe the PM, but if they built the charges into future HOA fees, it would be too late, the utility gave us 30 days to pay up before cutoff. 

If there is significant damage typically the insurance company does not cut a check until after the repairs are done - so in most instances if the house had $50k in damage the insurance company does not cut them a check without confirming the repairs were done.