If it doesn't, can you still make the payments?  

I finally understand that credit card payments are exempt from needing to send 1099's.

My comments were not to scare you away from them or any lender in general, I just do not think websites that say they are going to provide you with the best lender for you when in theory they only have a select few options.

I do direct booking through the Houfy website, taking credit card payment by Square. 

I have been digesting all things Real Estate so right now I am working to lower my DTI while saving at least 6-7% for the Owner Occupant down payment (to include closing cost, etc.).

It might be payment notices are going to a different address and it is simply overlooked. 

Try to put a bigger down payment in than you might need to give yourself some breathing room.2.

@Andrew Lanoie I apologize for my remark.But our investment is 40 times the monthly payment.

My guess solely looking at your numbers is that it's an older/distressed property which means you have to account for more costs in capex. 2nd thought being it's not in the best of neighborhood then you'd have to take into consideration lower quality tenants/ neighbors and maybe increase expected vacancy and late payments.

Therefore, your financial freedom hinges on new companies continuously moving into the city, creating replacement jobs.Companies have many options when selecting a location to set up operations.