It's just eliminates any potential problems. 

If I can find a lender that will provide 80% LTV and I have greater than 80% equity, I'd like to roll the closing costs into the loan to reduce and/or eliminate my out of pocket costs.2.

Some feel it is less risky to own free and clear as soon as possible (eliminate risk of default/lender foreclosure and have increased cash flow - but lots of dead equity).  

Now you've eliminated 99% of your comp.

Along the way we have come along some unforeseen costs that will force us to eliminate some of the design work we had in place.

For 1/2 the price that you pay for the "premium" of a tankless, you save the same amount of money for your tenants and you eliminate the repair issues that plague so many ppl.

Absolutely list the screening criteria you use ... you will find that it will help people self-eliminate then you don't have to deal with screening them. 

I wanted to start out flipping houses but considering the current hot market and the fact that I live in Norway, I decided to pursue buy and hold investments (not eliminating the possibility of me doing flipping in the future).

This will trigger reassessment and eliminate your Prop 58 low tax basis, even if just one trust bene gets the loan.Your only true option is to either get what we can a fiduciary mortgage as successor trustee based on the equity (borrowing up to 50% LTV max) or live without a loan. 

The guide I read How to Rent your house - says that's a deal breaker so move on - so my questions is once there is a miss step from the guide is this the best way to eliminate potential renters or should I call this person and say hey your forgot to pay me the $25 so I can't run your background check?