Do the 1% -2% test.

Any recommendations is gratefully accepted. 

I can't believe there isn't any specific case law or examples of this being tested to know for sure, but I sure can't find any.Anyway, thanks for the feedback!  

The initial offer was accepted.

Is it ever acceptable to move any of the saved money for vacancies into the income category.

I suspect that most are very similar, but obviously you will still want to study the state specific portions for the exam and take some state practice tests ahead of time.

They are generally correct in stating that the type of resident they accept would dictate requirements needed.

Highest and Best Use is determined by applying a test of four criteria in order. 1.

I guess what I'm really wondering is whether or not it even makes sense to try to BRRRR in my market, as making it work requires going so far below the asking price that I can't imagine why any seller would want to accept such an offer.

Always offer them the opportunity to apply, but advise due to the rental criteria, they most likely will not be accepted.