It has always been dictated by my bank or in 2 cases by my lawyer when other people were involved. 

We just had an incident… a guest tried to steal money from the host , my mother in law -long story but lied stole cheated while staying and furnished finders will do very little to back you up, they’re like a hands off broker essentially, just do your due diligence and have good contracts in place, and research / background check really well if you use FFinders.

You will need two years of your 1099 documented income to qualify for a loan as a 1099 employee, both years of taxes complete for them to formally pre-approve you most likely.You need to bank as much money as possible.

No bank, agent, survey, appraisal, etc.  

I’m in a STR mastermind and starting a co-hosting business so will get something out that way soon!  

You might find it helpful to join a group like THE MTR Connect, which I co-host with @Jamie Banks.

There is more time invested but totally worth it for the increased cash flowHi - what bank did you get your lending from? 

I guess I'll just follow up real quick - I did indeed just setup another mailbox, labeled them "A" and "B", and for the last 4 years I've never head any problems.Is your tenant able to change their address to unit B in other places like banks etc.

We review three months worth of bank statements (with scrubbed account numbers) to verify income and their financial health as well. 

The REO bank had loan officers at the auction and approved a $180K mortgage.