I'm pretty sure you're correct in that you have to have a subscription to get an AM Best report. 

Hi @Rhea Jeong,The situation you're describing is actually pretty common, especially for first-time investors looking to maximize their purchasing power.You’re correct that some lenders will consider a portion of the rental income when determining how much you can borrow, typically in the 75-80% range especially for FHA loans.

@Nathan Gesner To build on this conversation and break down the details for Bobby and others (and please correct me if I'm worn here Nathan), I’ve analyzed the numbers and realized that unless you purchase a property at a very low price and/or pay in cash, financing can significantly reduce your ROI.

It can not be appraised correctly until it is legal permitted.

If done correctly, can be a great way to make some extra cash! 

I do have liability umbrella insurance, but I want to set up a better business structure for long term growth the correct way.

Given your newness to this, consulting a real estate attorney could be helpful to ensure everything is handled correctly and legally.

You are correct that a lot of municipalities only require STR permits if you rent less than 30 days, however every place is different. 

If I read your post correctly, there is a main meter that is read and a submeter that measures what goes to the second unit.

For example:initial consultationreview of your prior tax returns for possible mistakessorting through and organizing your data, including receipts and spreadsheetscorrecting and reconciling your booksfinding and correcting inconsistencies and missing datafiling your federal and state extensionsoptimizing your tax return with alternative tax positionsreview/walk-through of this year's completed tax returnsamending your tax return if something ends up missing or incorrectanswering your ongoing technical questionsshort- and long-term tax planningreviewing and replying to the IRS or state lettersdefending you against the IRS or state auditsproviding financial statements or other data to lenders and other 3rd partiesassistance with loan applicationshandling your payroll and payroll reportingpreparing 1099s/1098s and other informational formsassistance with government loans and grantsI think it's obvious that the price of your CPA service will heavily depend on what is included.