However, there are actually been some court cases surrounding this topic with a slightly different application.

Other hidden costs you need to consider when evaluating HM lenders:-Applications Fees-Administrative Fees,-Commitment Fees-Underwriting Fees-Origination Fees-Loan Servicing-Rehab Draw Fees-Inspection Fees-Interest paid on undrawn rehab budget?

The cash flow on this one is more easily fixed by either getting roommates for my family members - they're open to this or they move out with the next lease expiration and I hire a PM to find me qualified rental applicants at market rate rent or self-manage it (don't really want to self manage in a pro-tenant city).

The study will look at your purchase price as well as major renovations and break it down into each items applicable useful life. 

So if a client is at the 37% rate a $10,000 study would only really cost $6,300, and that doesn't even include the state tax deduction if applicable. 

Although it may not be located in CA, it is still advisable to investigate if there are any rent control laws applicable to the county or state, as Theresa mentioned.

It appears quickbooks and a separate loan manager application or rent manager have the “lender” feature I am looking for.

Not really a loophole, just correct application of the law!

While I understand your concern about potential grey areas in certain industries, it's crucial to differentiate between businesses based on their individual practices and compliance standards.In our case, I want to assure you that we prioritize transparency, integrity, and compliance with all applicable regulations.

(Can I use the estimated cash flow of the house as proof of income for mortgage applications?)