That was inconvenient but not unexpected, so I googled furnace companies and got “Reliance the furnace company” on the horn.

This is tough in old buildings, more accurate in newer ones.As mentioned the income approach would most likely not be used, or if used, very little reliance would be placed on it.Ideally, you should be able to do the same as an appraiser would do.

Look for neighborhoods with potential for rental income and growth.Financial Preparation: Given your reliance on loans and good credit score, continue maintaining and improving your credit score.

A DSCR loan is going to give you more flexibility and less reliance on your personal credit, as others have pointed out.

Your main issue is going to be if your broker tells you something will you use it in reliance when buying a property.What happens if they're wrong or things turn out bad? 

-In response to the tenant's notice of early termination, I would have delivered a "Landlord's Response to Tenant's Notice of Early Termination", wherein I would state that I am relying on the tenant's notice of early termination, and such, am requiring that they vacate on the date they gave notice and that in reliance to their notice, you are re-renting the property with the expectation that they are vacating as they have given notice. 

However, from the resources I have read across the internet and here at biggerpockets, it seems that the politics (w/ condo boards, bank financing, reliance on other units) make it more of an undesirable property type for the rehabee.

Don't get me wrong I love BP and all it does for us.. but there is also a VERY irrational exuberance and reliance on anything that comes on a Pod cast and or sponsored by BP....

Marc knight at first reliance.

In no event will Keith Borg, CPA be liable to you or anyone else for any decision made or action taken in reliance on the information for any consequential, special or similar damages, even if advised of the possibility of such damages.