I don't know if it is because its en vogue or higher risk or something else, but all-in-all without having operated it as an STR for a year or so and having it on your tax returns it is unlikely the lender will consider STR income in your current primary residence for qualification.However, the common route people go here is to discern the market value of your current home, feed that information to the lender with a, "hey Lender, my home should (conservatively) rent for $X/month here . . .

Master with remodeled 3/4 en-suite bath.

You will have to call around for pricing.You might be interested in looking at the US Consumer Product Safety Commission report 516 - "Repairing Aluminum Wiring". www.cpsc.gov/en/media/documents/safety-education/safety-guides/home-appliances-maintenance-and-structure/repairing-aluminum-wiring-/ Another interesting read can be found at www.texasinspector.com/files/Aluminum-Wired-Homes-Reducing-the-Risks.pdfI hope you find these links helpful.Good luck.

It's a choice you make when signing up for insurance coverage: https://www.cooperators.ca/en/...

https://cash.app/help/US/EN-US/6499-Tax-reporting-1099kfaq

And whether you are producing a net benefit may depend on how you go about your flip.I see so many houses that need loads of capital improvements--deferred maintenance, all components at or near the end of their useful life--never a thought to cap-ex from owners or landlords that squeezed all the juice out of the lemon.These neglected places en masse tend to lead to blight and bring a downward spiral (all sorts of social problems, the opposite of bringing in the gentry!)

So i friendly dare you as I dare myself to not ask “if you can” but “how will you” grow a portfolio (or flip or wholesale en masse if that is your goal) That said, I actually followed this thread a lot as I just recently was able to get a 401 and chose to do so largely because I’d like to one day use it for REI if I maybe am able to roll into a self directed IRA.

Tenants and buyers are flocking here en masse due to the situation Illinois is in and the rising taxes, definitely check it out if you haven't. 

The property is 2 3br 3 full bath with 2 en suites per unit.Option 1: list and rent as 1 complete 3 bed 3 bath rentalOption 2: list and rent as 1 bed 1 bath with locks on the bedrooms and 1 "common" bathroom for privacy.Market rents for the city can be all over the place. 

It gives a sense of elegance and allows for more contrast. https://www.sherwin-williams.com/homeowners/color/find-and-explore-colorshttps://www.benjaminmoore.com/en-us/color-overview/find-your-colorI have used SW Gray Matters for exterior and BM Reserve Pewter for interior.