HEY @Sunjeeve Weerasinghe - Where are you considering the application? 

Filing applications and getting a preliminary approval has a lot of work going into it.

For example, we love Savannah Georgia but it seems even in the zones that STRs are permitted it may take more than a year to get your application approved.

@Kevin Wattenbarger, I know this post is old, but I'm currently trying to put something like this together for an agency debt application.

Network with friends, family, and colleagues and offer incentives like reduced rent or utilities to attract more applicants.

Another leading indicator of purchase activity: mortgage applications.

Seems that someone who is VPBD would not be at this level of detail - but I don’t know how they work.In my research I found:(1) MW506AE is the application for exemption the comptrollers need regarding a 1031x, and needs to be sent in 21 days prior to closing.(2) MW506NRS is the withholding exemption.I think my CPA will handle #2 but #1 is essentially the main form in the whole timeline.I understand what these forms are and would like to get a title company that is also versed in them and not guess what needs to be done.My QI already said they will not fill it out and I guess doesn’t have all the information required for it.

I recently filled out pre-approval application for a mortgage, however, the lender did a hard pull and told me they came back with no score.

Read the applicable parts.  

@Eli Joffe the most general but applicable advice in your situation is to start focusing on high cash-flow properties with low equity growth potential in the beginning in order to have the cash to boot strap.Once you have a few properties under your belt, then start phasing in nicer homes which tend to be lower cash-flow with higher equity growth potentialThe former helps you boot-strap using more labor and the latter helps build wealth more passively and with less tenant struggles.