But you don't live in a community property state. 

I live in Indy and as an out of state guy, a few local banks were willing to lend to them, so I don't see why they wouldn't help you as well.

@Jessica Morrisonall good, thanks for the additional info. some questions to think through - what are the numbers while you're living there, vs. if / when you move out? 

Side note he mentioned was to make sure the tenant's renter's policy has 'loss of use' coverage that would pay the renter to live somewhere else while the repair for, in this case, mold was being done.

I live upstairs in a primary residence and have just started renting out the basement. 

It's newer, built in 2020 and doesn't seem to have any needs as it has only been lived in for a few years. 2.

But we do live a pretty thrifty lifestyle. 2001 ford truck for me and 2010 Pilot for the Mrs.

With a paid off primary and no state income taxes I could easily live on $5k/mo, $10k/mo almost tax free is living high on the hog.

I live close to a HUGE Marine Base.

My spouse is interested in the concept of living in a home.