Many lenders require points upfront to avoid early payoff losses.

Make bigger payments than required!

@Zach Pepin- thanks ...525K price in  Snoh/ King / Pierce  will be hard to  locate ...SFRs  will  likely  be  small and  require a lot of repairs / work   ( or both) .....if you plan to live in the property - consider a  conv  loan  versus a FHA loan ...FHa loans have 1.75% upfront mtg ins fee and the monthly mtg ins is permanent ....make sure you are fully  pre approved with a lender so you can react quickly with a strong offer  if you locate the right property

They will most likely require collateral on these transactions and will take the subject property as collateral. 

Of course, managing yourself requires quite a bit more time, but much of it can be automated. 

This might require some TLC in certain areas, but I'm inclined to preserve the home's historical character.

Where I am, for example, there's no walk-up service by trash haulers; the county hauls the trash and requires it be by the sidewalk in the street. 

Owners are subject to a 750-dollar licensing fee and a long list of requirements and rules.The Breakdown: What are the short term rental rules surrounding New Orleans?

However, it would never negate DTI requirements. 

I do all that, in addition to income requirements, employment verification, tenancy history verification and credit/criminal background checks, I also put weight on some components that are more subjective in nature.