Excel should work.

Excellent house hack!

Think PNC bank or Ally bank, or Betterment - and now Charles Schwab!

@Jordan Gregg this is excellent info, thank you very much for being so candid.

I am much more into forced equity and getting into larger projects myself, but I live right here and have built an excellent team around me.

They have excellent payment history, and their credit can be explained with a history of opening several credit cards and a brief period during covid with a few missed payments.  

I can attest to the doc sets being comprehensive and templates being excellent. 

I understand the net profit amount would be higher if we continue to leverage and scale, but there is something to not having a mortgage on half or all of our portfolio that interests me from a psychological standpoint.

I love that you rented two of your bedrooms as mid term and short term rentals and made enough to pay for the mortgage and now you are going to use the rental income to show you can qualify for another property.This is an excellent strategy and one more people should consider doing in this inflationary environment to offset the biggest cost in their budget--housing.As you rightly point out, you can use this strategy with every house you buy accumulating a portfolio of houses that you originally started out living in as a primary residence every two years.Well done and more people should consider doing the same, or rent their garage, or shed, or a boat, or an extra car.Love it!

Check out this excellent article from Banker and Tradesman, "You Rarely Know All Your Agent Does".