Reach out to your tax advisor, who might be deep in extension tax returns at the moment, and ask to have a consult or sit down.

I currently have two tenants in a unit who pay separate utilities and rent under the same lease.

Investment Info:Single-family residence buy & hold investment in Orlando area.Currently under contract for a single family home that we will be utilizing as a short-term rental.

Hopefully your lease says something about utility bills being owed by the tenant - you should be able to make those "rents" by posting to the ledger.

A growing number of my clients have been utilizing this niche of protection.

The LTC/LTV is often very similar to the loans you likely utilized for flips but most lenders funding flip loans  don’t factor debt coverage ratio because the intent is to sell, not rent the home.

You should have a clear understanding of property tax rates, insurance costs, repair costs, utilities, landscaping etc.Any buyer must develop their own proforma and that is what should be relied on.

I utilized a Fannie Mae 5% loan to purchase the property.

@Ben Trageser I am not in Rhode Island though but happy to utilize my network to help you

If you insist on having someone review it, I believe TurboTax has an ask-accountant feature but I doubt they have extensive real estate knowledge.