My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.

It is more complex and has added requirements such as a formal set of books just like a corporation. 

And, yes, inspection deficiencies can hurt your valuation because once they are disclosed, you are required to disclose those to future buyers. 

It’s good to budget for unforeseen expenses.Regarding PMI, it’s worth discussing directly with your loan servicer since many lenders require holding the property for a period or reaching specific equity thresholds before removal.If market rents are $2,200–$2,500, hiring a property manager could help you optimize rent while taking the burden of tenant screening off your plate.

If not on a state road, a muncipal permit is also usually required. 

Commercial real estate deals involve larger sums of money and require a deeper understanding of the industry, so it's important to work with someone who has expertise and experience in this space.

As I mentioned every person and their criteria is going to require a different loan program and each loan gets risk graded based on several factors.

Holding a license requires fees.  

@John Jacobs I require my borrowers to have policies that cover replacement cost. 

My suggestions:* Requiring code compliance and safety equipment is absolutely valid and should be part of the regulations* Requiring owners live within 15 miles is not necessary since poor hosts whether they're local or distant will violate the 3-5 warning system and earn a suspension.