My tenants cover 93% of the PITI of primary residence (70% of PITI under FNMA's 75% standard), but the bank is not recognizing any of this income because on the whole the property isn't covered 100+% by tenants (I rent 2 of the 3 units, live in the last with 2 years of tax returns available).Question:Why is the bank not recognizing any of the income, but in turn are recognizing the full amount of PITI against me in the DTI calc?

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

While some states have better protections for LLCs than others, when it comes to real estate courts only want to recognize local protections.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Are you good at recognizing BS and calling people on it? 

Unlike traditional real estate notes is something that is easy to do from afar since you do not get access to the interior anyways so there is nothing you can physically inspect.You are correct that you will get $500-$600 a month in payments but also recognize its taxed at ordinary rates... 

Therefore, you are recognized as a former, legal owner of the property, even if it’s only for an extremely short period.

I think the beaureaus are recognizing that homeownership is at a 20-year low and most young people are renting...not just because of credit issues....a ton of the youngsters prefer to rent and stay mobile or they watched their parents go through foreclosure and want no part of homeownership.  

Some of it is our tenants though because I recognize the couch.

The professionals are visiting inspect the present value of the applications and also will discover a lot more regarding its functionality.After recognizing every little thing concerning the applications, they are going to present it, before a variety of customers.