Working with a good loan officer or mortgage broker can help you to get your file set up in a way that presents you in the best light to underwriters.

Most properties are remotely managed by owners/PMs and what was suggested would be an impossible and unrealistic standard to set - much less enforce. 

My favorite way is is simply using Pricelabs using a comp set, OR using Airbnb itself to see what your direct competition is.

Need some advice on the best way to structure this deal that's fair and beneficial for a 3 person LLC/partnership agreement.  My father and I have formed an LLC with another friend to start buying some rentals. We fou...

That means that bank has its own set or rules/guidlines and can offer exceptions and offer more programs. 

Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Offering 50% of the cleaning fee for cancellations within 48 hours seems like a fair middle ground.You might want to set up a clear policy with her going forward so everyone’s on the same page for situations like this.

@Bob Asad at our bank, we have an escrow account for security deposits, it is set up with sub-accounts for each tenant with their security deposit amount and their SSN.

One thing I've learned from my experience is that I do not set hard rules.

You have set your standards.