My bank has launched a portfolio loan that would allow a qualified individual to buy a 2nd home loan with just 5% down, No MI and very attractive rates.

Is it fear of rates, not having enough down payment, or just uncertainty about qualifying for financing?

On top of being non-warrantable, one other wrinkle is she qualified for the mortgage based on assets (asset dissipation/depletion loans) instead of income. 

From my initial phone conversation with her she says she has credit score of 625 and our min qualifying score is 650. 

Most investors temporarily transfer the title into their personal name to qualify for a conventional refinance, then move it back to the LLC after closing for liability protection.

Remove those and the Net S8 Rent will be market rent.Typically, the only way to get more than market rent is by buying in Class D areas and hoping a S8 tenant will live there instead of a Class C area.Keep in Mind: TENANTS QUALIFY FOR SECTION 8 FOR A REASON!

What matters is whether the property qualifies as a rental activity for tax purposes and whether you’ve done a cost segregation study to break out components with shorter useful lives (like appliances, flooring, and fixtures).

Follow up question would be, if a buyer wishing to use an FHA or USDA loan but fails to meet the credit requirements, is a cosigner able to help them qualify?

I got a tenant in Mar 1 so tenant flip and placing qualified tenant (including waiting for their proper notice) took 3 months.  

You’ll need a strong Qualified Intermediary (QI) to handle multiple sales and one or two purchases under the 45/180-day rules.