If someone truly wants to do a long stay; we will do a traditional lease with full month’s deposit up front.

I am referring to traditionally built homes with basement/slab/crawl space foundation that were just built small 400 - 600 sq ft. 

So here’s my scenario, I currently own a condo I bought as a fixer upper, I got it all renovated and am looking to now leave this condo rent it out and buy a duplex, I have a W2 job, however I don’t think I make enough to qualify for the price of an average duplex in my area and the condo at once, I was reading that you can use 75% of the projected monthly rent income to qualify in the underwriting process with traditional financing, I was hoping I could do that for the condo and the other half of the duplex I won’t be living in, is this in anyway an accurate thing or a possibility?

They are outside of the Oakland/San Francisco areas that have traditionally not been favorable to landlords.  

@Jorge Siverio traditionally the NW part of Cape Coral will have higher comps from my understanding - especially the closer you get to the Ocean and the golf course. 

@Matt Huber it seems to me that would be the most traditional way to finance it. 

Traditional with over 20 percent down.

From a traditional lender perspective, they likely will not see this property in your DTI because it likely won't be reported.

This deal was financed with traditional bank financing (FHA) with little money down.

Yes, you will report installment sales to both IRA and CA.