They both have stringent guidelines for the loans they will buy.

Then they go on a list what are often very restrictive rules, and requirements so stringent anybody who might qualify could just buy their own damn house!

The three-day review period is measured from the time the borrower receives the forms.

If you didn't take proper measures a judge if you go to court could say you had your "right of your own inquiry" to investigate and chose not to so you have to live with the consequences.The estoppel basically says that only what is written into the lease version you have is correct and there are no undisclosed documents written or verbal agreements to the contrary.If the tenant will not sign then you know there are undisclosed issues you need to address before you buy if at all.No legal advice given.     

Tell them to bring their camera, tape measure, mother in law and whatever else they need to make a decision but its too much to ask of the current tenant for a prospect to have multiple showings of an occupied place. 

Or, does the appraiser's field measure trump the county website?  

Some banks may go more conservative to 75% to reduce their own risk however its important to know this distinction because it could be the difference between getting the loan and not especially with people who have tight DTI ratios.My second point about the above is the "self sufficiency," rule that every is mentioning is not measured by taking 85% of gross rents to meet the entire PITIA of the property if its done in the actual underwriting guidelines you take the entire gross rents of all units and compare it to the PITIA of the property if the total monthly gross rents are the same or greater then it meets the self sufficiency tests for 3-4 unit properties.Regarding the income being above being more than the PITIA or monthly total obligation, this wouldnt happen anyway atleast on owner occupied properties because income on rental property is underwritten separately and added to income while liabilities are added as an obligation you have to qualify for.

Gillette is great place for rentals but the coal business has dropped off due to the new stringent environmental rules the current administration has imposed. 

Only Tom King knows what he meant; I'll guess that there are some towns that will make their municipal inspections more stringent, that neighbors will complain to code enforcement, etc.

I'm curious as to the psychology involved with external security measures.