There's a very specific ways to calculate FHA income, and it will be highly dependent on how the deal and your ownership is structured.

The agreement specifically allowed KeyGlee to use the End Buyer's EMD to secure the underlying contract with the actual seller... and to forfeit that EMD if the End Buyer failed to close.

Sharing your goals can help others provide more specific advice! 

As for Alexandria specifically in terms of regulations don't take advice from a public forum - look up the laws yourself and make sure you understand them.

Especially and more specifically those working in our financial arenas who are completely confused and oblivious to this type of transaction, because it does in fact occur.

Are there specific metrics or tools you rely on?

You point out specifically "... on forum run by his publisher." 

I’d love to connect and hear more about what specific areas of investing you’re interested in, and I’m happy to help however I can.

Use STR-specific insurance to protect both parties and automate operations with platforms like Airbnb, TurnoverBnB, and PriceLabs.Taxable income from the STR must be reported, but you can deduct related expenses like cleaning, utilities, and furnishings.

I cannot assist w/ the acquisition of the property but do have an FHA product that is specific for home improvements.