Other than that, I'm not sure what to recommend except maybe team up with Lynnbrook for payments outside Airbnb.

What is your price range (or down payment range) and are you looking for turn-key properties or something along the lines of a "fixer upper"? 

Forget about the late fees and payment plan, you'd be lucky to find any judge who would enforce it when the tenant showed they weren't even living there any more and were still doing their best to pay off the balance. 

The price of homes may be lower out of state but the down payment becomes much more plus the cost of having boots on the ground

That being said, it's very difficult to get rents to even cover PITI payments at 80% loan-to-value in Utah these days. 

However, understanding their requirements—such as down payment percentages, reserve requirements, and loan-to-value ratios—is key to getting approved.One of the biggest advantages of working with portfolio lenders is their ability to fund deals that traditional banks might pass on.

My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side. 

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

I mention this as I have seen some people want to sue companies because they were a sponsored affiliate on a website…Regarding the original post- expect 10-12% (I think latest I saw is avg is 11.5%) rate plus atleast one point for a 12 month loan.Bigger companies may take longer for approval and can be more flexible usually in down payment amounts.

Do you mean a down payment on a property??