My CPA was unsure... do you issue 1090-NEC for the difference between 1099-K and 1099-MISC or do you double up the income (i.e. 1099-NEC for gross rents from PM, 1099-K of the net owner distribution on 1099-K, then owner reports double income and puts a line item expense for the 1099-K since 1099-MISC covers gross rents).You need a new accountant lolPM issues 1099-MISC, not NEC for rental income paid to property owners.You would still issue the rental income paid to the owners regardless of the payment method.The Property Owners should add an expense line item on Schedule C stating that income reported twice on Form 1099 to offset any duplicated amount.

Regarding borrow's DTI, Chase thinks that this item is not that important.I wonder will my high DTI impact the loan underwriting?

There are many loan officers who will intentionally lowball all the third party costs and prepaid items up front so their estimate will look more appealing.If you really want to compare multiple lenders then you just need to focus on the part of the transaction that the lender controls. 

Thanks, He either has to give you the deposits or he has to give you a line item credit at the closing for the amount of the deposits, so that you can set aside the resulting credit money.The funds are NOT his.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

The cleaning fee is a pass-thru item.

Non-passive to achieve this level of return.Add the addition of the ADU makes the main unit rent controlled if over 15 years old.the work to add an ADU likely exceeds the effort of a brrrr that can achieve infinite return  Experienced investors are adding multiple ADUs by leveraging items like bonus density, committing units to affordable housing, etc.  

The properties themselves often have flaws and outstanding cap ex items that are wrongly ignored.  

For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

Manage their properties Provide welcome gifts/ goodie bags for their guests before check in Hauling extra supplies/ misc items to return to stores or other properties--Any other ideas that I can pitch to make myself more marketable?