It won't impact your score and will show you the scores Lenders use to qualify you.

Those numbers are always great in theory, but people fail to understand what it is like in practiceWhen you are competing with 50 other units in your block for rent, can't rent the property to qualified individuals, and are dealing with constant maintenance/property/tenants issues, you realize that the returns are too good to be true. 

It helps that STRs are more actively managed than LTRs to qualify for being designated a Real Estate Professional.They do this with their individual tax professionals.I have nothing to do with that or the cost segregation studies.

Tenant had a notice to vacate after 4 day grace period and lawyer submitted eviction to court last week (they are only late for July).

Send a QWR (qualified written response) and copy your states banking and financial division.

These loans are non-conventional, making them much easier to qualify for compared to traditional financing options.

My idea is to form an LLC with my partner to qualify for a 100k business LOC with our credit scores (both 700+), our DTI ration, as well as my equity.

Quote from @Grace H Scott: We are a private lender, located in Tampa, Florida, United States. welend money to borrowers nationwide and a few other countriesoverseas who are looking to develop their businesses.

Even in South Jersey, where the purchase prices are lower, there is a silent pool of tenants waiting to be able to afford a place to live that may not qualify for a mortgage.

Get buyers on board (maybe someone who doesn’t yet qualify for a mortgage, but is financially prepared to purchase).