There are rules to follow!

An example is that I had a building inspector come by recently, following the fire inspector, in the same municipality.  

Owners cannot recoup these costs through higher rents, meaning they are effectively being penalized for trying to improve their properties.Instead of discouraging responsible property owners who follow the permitting process and invest in meaningful upgrades, we should be focusing our efforts on ensuring that all renovations are done legally and safely.

. =)Some internet search yielded the following formula to estimate tax:For a house that I purchase at $800k.

Following the installation of a new water meter, I received a true-up for the previous underbilling.Since the meter replacement, my water usage has increased by approximately 20%, and I am now receiving monthly bills instead of the previous bi-monthly statements.

@Jim LynchSome typical minimum tenant screening requirements look like the following, but it depends on your market:-Renter has a gross monthly income of 3x more than the monthly rent-Minimum credit score of 650-Renter must have no prior evictions-No felons (or other notable criminal history)There are a number of different tenant screening softwares out there such as Zillow Rental Manager, TransUnion SmartMove, etc.Be sure to complete an employment verification by contacting the renter's employer and confirm the details they shared with you, landlord verification (if they have a previous landlord), credit check, and background check.

Combined with the changing regulations following the NAR settlement, many real estate agents are leaving the industry.

@AJ ExnerAJ,Follow-Up Question:  So to a DSCR lender seasoning starts when the property is bought. 

following this!

But if they want to add another partner and pets I would do the following:1.