GROSS Income x 45% >= Rent + Monthly Debt PaymentsSometimes people have enough income for rent, BUT they have outsized monthly debts (child support, large car payments, credit cards, etc).

I have no personal debt other than my mortgage and car.

They should automatically send you a copy of the lease once it is signed.

Also, we have no consumer debt, car loans, or student debt.

I'm currently getting a quote from State Farm for everything Home, cars, boat, umbrella, and multiple rentals.

Right now we have our own mortgage of 1400 and a car loan of 16k.

I did find a bunch of deals on EV leased cars.

My agent had added CAR Rent Cap and Just cause addendum without having a clue what it is and both my tenant and me have signed it.

Tenants just don't think about it.When you hold a large deposit, many tenants automatically write it off.

As a result, the Tax Court ultimately disallowed the deduction.The lesson here is clear: when attempting to write off assets such as RVs, boats, cars, or planes, meticulous record-keeping is essential.