All of these activities consume your time, energy, and money.With either type of program, there are numerous complications and things that can go wrong.

@Alan IversonAlan,There are numerous 24 month bank statement programs out there right now. 

.- Major Concern: Inspection of the electrical system revealed the need for numerous repairs.

He could very well spend thousands of dollars in legal fees, spend numerous hours of personal time working on it or bust the guys kneecaps and he will still end up in the same place No money.........although the knee caps might get him a free orange jumpsuit and 3 meals a day

When I walk a property that is, or was, a house (we have numerous of Queen Anne, Second Empire, Victorian, Edwardian homes in our area that have been turned into 2-8 unit apartment buildings.), I always look under the carpet to see if the hardwood floors are intact (i.e no one has nailed plywood over them) and whether they can be refinished.I figure tenants (or buyers) can always use an area rug, or wear slippers, if they want something warmer underfoot.

Or an underwriter may use EBITDA to determine the cash flow shortage and then likewise put it to the numerator of your DTI.However, I doubt a commercial lender (5+ units or non-residential / mixed use) is going to lend on an asset that doesn't have a DSCR that meets their guidelines (1.15x minimum I suspect, but typically 1.25x).  

If you want to pay for data, there is REIS, Axiometrics, and Moody's economy.com in addition to many others but too numerous to mention them all.

You should discuss your specific scenario with numerous lenders to see what would work best for you.

Assuming that Kyle provided more than half of his own support as he stated above (but if his parents were my client I would want to confirm this numerically), he cannot be claimed as a qualifying child.  

I had submitted through Connected Investors and have been receiving numerous calls a day from various agencies like Sprout and Seek offering to open these "business lines of credit" that are actually just business credit cards.