Quote from @Roli E.: Thanks  for the insight, they ended up adding an invoice to the escrow statement. 

Appreciate the book list as well! 

Here are the top 5 mistakes I see by new renovators, but would love to get more added to the list as we go:1.

Just read through some of these articles and you'll get the idea.https://www.indystar.com/story/news/investigations/2020/05/06/clayton-morris-bert-whalen-accused-by-indiana-attorney-general-deceptive-home-sales/5175543002/https://www.forbes.com/sites/forbesfinancecouncil/2020/01/31/who-can-you-trust-in-the-real-estate-investing-business/#720fb12c356fhttps://www.nytimes.com/2019/0...https://www.nytimes.com/2019/0...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.indystar.com/story...https://www.newsweek.com/clayt...https://www.usatoday.com/story...https://thehill.com/homenews/m...https://www.mediamatters.org/f...https://fox59.com/2019/03/26/e...Clayton Morris Lawsuit Case No. 1:18-cv-02797-WTL-DMLhttps://onedrive.live.com/?

Some lenders specialize in asset-based lending, considering rental income on Schedule E, especially if you have strong rental history.

The LLC is a pass through entity and will show up on your personal Schedule E and once the property shows up on the LLC, the debt (that probably won't show on your personal credit report) will be included in your total debt. 

There are seasonal dips in income here on the barrier island of E Florida. 

I'm about to list a property on lofty.ai

I own and operate a STR nearby in a strong area (Morningside just off of E Warren).

:Originally posted by @Ed E.