I ended up saying that the total household income must meet 3 times the rent, and who ever contributes to that amount must be included on the lease.

I don't have any other real estate or businesses, I plan on renting out my house when we move to other house 1-2 years from now, family of 5 annual household income 85k.

CNN reported a few years back that 10M US households don't have bank accounts.

So if the rented room equals 15% of the entire square feet of the house, you can deduct 15% of household expenses, like utility bills.See IRS publication 527.

You can also try offering free gifts with a new rental, such as household appliances.9.

It's part of my rental policy: household income must be at least 3 times the rental rate.  

Most folks are likely to take longer than seven years given the current economy and the toll it has taken on many households. 12 to 15 years (roughly half of a 30-year term) is probably more realistic for most folks.The video does not recommend using a second-lien (HELOC) type of account, though I suppose that might work if the interest rate is advantageous, rather it recommends an unsecured line of credit.

To ID markers with both, look for both.At market level verify industry diversity,    review masterplans, ID path of growth, economic development incentives, top 10 major employers.Neighborhood level: crime rates, renter vs owner ratio, average income, major employers, vacancy rates, units under construction, quality and type of closest retail, demographics, community tapestry ESRI, most common household formation, etc.There are also things you should be looking at in the subdivision or block the property is located on (ex. renters vs owners, developer and quality and age of housing, ideal housing for your target tenant, etc), but again the things you look for should be based on your specific goals, investment strategy, and investment criteria.

There may be pitfalls there.And finally, check the jurisdiction in which the rental is located to see what, if any, restrictions there are on the number of pets in a household. 

The problem I see is the definition of commercial loans backs that up but the definition of residential has a potential loophole:According to 12 USCS § 5102 (8), the term residential mortgage loan means “any loan primarily for personal, family, or household use that is secured by a mortgage, deed of trust, or other equivalent consensual security interest on a dwelling (as defined in section 103(v) of the Truth in Lending Act [15 USCS § 1602(v)]) or residential real estate upon which is constructed or intended to be constructed a dwelling (as so defined).”If it is truly for business purposes by a true business theoretically it could be commercial by this definition is my read???