I would also say that they tweak their program annually, so some of the things people described from past experience is no longer accurate.

If your income is strong and taxes are accurately reported, you have a shot. 90% of investors write off more than they make so this upside down calculation is what causes the average person to qualify for HELOCs.

Keep in mind, the information is not always deemed accurate.

What would be your suggestions to figuring out a accurate as possible ARV for this type of property? 

.- Set your standard and don't give up, in general, in the markets that I am active, you have some interest, but people that qualify is minimum, in most cases, I would say that what Jon said about 70%-80% is accurate in my markets too.One important thing that I found is that meeting them before you do the final decision is very important, I had the opportunity to have a competing tenants one and when meeting them it makes life much easier seeing if they will care or not for your house.

Reporting each property separately on Schedule E is generally the correct approach, as it allows you to accurately capture the income and expenses associated with each property.

If your primary address is set up to your property and you sleep there once a month, that may be enough to count as "owner occupied".Hopefully this helps a little bit, I am sure there is a lender on BP that can give you a more accurate answer.

Then I would continue researching on Airdna which is the most accurate data software for STR.

I would be very surprised if this was accurately done.That means you are cash-flow positive after depreciation of $1,666 per monthIf the return was filed, you may want to pay another accountant to look over the return to see that it was done correctly.Yes, buying another property, given today's condition of high prices and high interest rates would likely decrease your rental taxable income.

The problem I am having is I don't know if I am looking at the right data/charts and if its even accurate.