I googled and here's the article confirming that http://themortgagereports.com/7395/the-5-10-proper...My goal of this small discussion is whenever anyone is trying to finance 5th investment property and got rejected by some broker/lender and he/she gave you excuse about FNMA not allowing, please forward him/her above article .

He confirmed my appointment, with zero instructions. 

Thank you for your response, I can confirm the information Chris added, via a local lender here in CO.

Hi, I am wondering if any of you have seen or used an application or software which allows for a remote showing a property? 

Have you confirmed with the local government/building department that you will be allowed to complete such a large addition.  

I couple that with credit score, collection records from past landlords, judgments, evictions etc.In order to verify timely payments to independent landlord types, i ask the tenant to show the last 6 months cleared checks to prove when rent was paid and the checks cleared.....or other forms of payment confirmation.  

This article is talking about Software developer and engineer salaries, not real estate, but I think it can easily be applied.http://tgeonetta.com/cost-of-living-vs-salary-best...There is a lot of talk on BP about where to get the best return, what states are better for investing, etc.

The lender will still add the last previous years together and dived by two and take the middle income.My advice to you si that you should find a top lender in your area, one that is been in business at least 12 years, meaning that he was in the business when the "creative" way of lending was done and can run numbers on his calculator, not input numbers in a computer software program and see what the automatic underwriting tells him. 

Carefully review the zoning requirements to confirm that you can build what you want.

You either confirm things before you put in an offer or make your offer contingent upon verifying specific info.