It doesn't earn much interest, but plan to credit tenant back whatever it earns.  2)I'd call for an insurance estimate "if you decide to rent" to make sure they would cover you and that costs wouldn't rise significantly before you determine rent amount.  3) if you've already lived there over a year, most mortgages are fine with it becoming a rental.  4) For screening, I just use Transunion smartmove so tenant can pay them directly for the credit/background check, although I do have a separate application they fill out so I have their pertinent information and emergency contact in case I ever need to evict.  5) if you have only the one rental, I wouldn't open business checking and pay those fees. 

Buy now, instant appreciation with value continuing to rise, cover my expenses, and refinance down the line when the rates do drop, having already secured myself a valuable property!

DependsDSCR CAN be a NonQM loan where they always disclose.If you are an experienced investor who owns and operates a business some lenders classify yours a commercial loan (the same as high rise office).

The company stated, "The closings were brought about by the rising cost of doing business in California."

It's more affected by temperature swings and many installers don't take this into account - leading to buckling.

Plus mls dues, association dues, electronic lockbox access, e&o insurance.All these costs are on the rise too.

@Kayla Maupin Since you mentioned both STR and Tulsa, this article might be of interest.You may already be aware of all this, but just in case:The meteoric rise — and spectacular fall — of the Queen of Airbnb: https://www.yahoo.com/news/meteoric-rise-mdash-spectacular-f...

Meaning, you get your money back plus and 8% return on that money before Rise gets a penny.

Electricity if you're doing climate control, temperature control, humidity control, you can get. 

The government put a temperature limit on them so you can hardly boil water.