If you own a 2-flat with an additional non-conforming garden unit (basement) being rented, and you're considering a cash-out refinance, how will the lender evaluate the rental income?

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental. 

Typically 75% of rental income can be applied towards your DTI for qualification. 

If the property is vacant, you will attract a larger pool of buyers as not everyone looking for a house wants to use it as a rental.

I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?

I'm curious of the current market demand for student housing and appeal to rental investors.

I am seeking mentors and or guides to help me invest in business that can eventually help offset W2 income tax.

LLC-A is a disregarded entity for tax purposes and I report the rental income/expense on Sch-E. 

Miami Rental Market Update: Rents Drop $200 as Affordability Remains a ChallengeMiami has officially ranked as the second-most unaffordable city in the U.S., but there’s some good news for renters: local rents have dropped to a 3-year low, with decreases of up to $200.

You still claim the income as miscellaneous income and deduct property taxes and mortgage interest (subject to SALT and other high mortgage limitations) on your Schedule A, but that's it.2.