For FHA, the underwriting guide says 75% of the lesser of A.) the leases/rental agreement or B.) the appraisal comp rent schedule.

@Ryan Prichard one of the better options out there that can handle commercial properties, for what I'd consider a "low cost" platform is Hemlane. 

I highly recommend investing in a property management software, such as Hospitable, for syncing your calendar, automating messaging, and scheduling cleans, as well as a dynamic pricing tool, such as PriceLabs, for optimizing your pricing based on market demand, local events, and seasonality. 

Quote from @Henry Jay: Hello, me to real estate and look for knowledge in flipping and rental properties. 

Purchase price: $105,000 Cash invested: $25,000 In 2016, I saw an ad on Craig's List for these 2 townhomes.

If most rental demand is for larger homes, it may take longer to lease.2.

If you feel like you need to add any more protections or things like a general expense sheet for replacement you can add those addendums and usually they have a blank addendum. 

Quote from @Ava Myles: I have a unique situation: I have rented my apartment from a friend for a few years now.

I talked to my property manager that manages a number of straight rentals for us and she was not familiar with  Pad Split. 

Northwest Arkansas has a lot going for it—strong job growth, solid demand, and a mix of rental opportunities.