Best way is to consult with a tax advisor to ensure compliance with IRS guidelines.

Glad I didn't follow the guideline that book quoted above. 

Any recommendation?

I suspect without the 2 pts I would be at ~6.625% to 6.75%.What I recommend most is accurate, conservative underwriting.  

@Wiley Hood to be honest, with all the new regulations around documentation for cost segregation that has come out, I recommend having a professional do them.

I have purchased the following books:ABCs of Buying Rental Property The ABCs of Property Management The ABCs of Real Estate Investing The Advanced Guide to Real Estate InvestingThe Book on Investing in Real Estate with No (and Low) Money DownWhat order do you recommend reading them in?

If you have an older home that requires a lot of maintenance, you probably want to avoid the manager who charges a markup.I recommend shopping around occasionally to see if your PM is procuring fair pricing or just marking you up to make money without justification.As for expectations, you need to read the PM agreement and understand what is charged and why.

Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.

It sounds like your question is what is the conventional guideline on using these rents to qualify ?

Quote from @Patricia Smith: Hi BP Crew,Would love to get some recommendations on property management companies in Cincinnati, Ohio.