The insurance agent/broker should be able to provide a document with proof that the property has sufficient coverage.

Too many generations have passed and we are loosing that self sufficiency that made this country great.Another thing to consider is that politicians in both parties are in the pockets of big money and Wall street.

The IRS has stated that a time period of "two years is sufficient".

The ruling concludes that the agent's activities in providing customary services to the tenants, although imputed to the co-owners, were not sufficiently extensive to cause the co-ownership to be characterized as a partnership. ) These arguments lose some strength, however, where it is clear that the investors have jointly negotiated the terms of the transactions and would be unable to separately use their interests in the property without significant cooperation and joint efforts among the co-owners.

In my case, I just had to show that I had a "sufficient" amount of cash reserves.

For example your nightly rates, leveraging cleaning fees as secondary cash flow, overall guest experience, quality/quantity of photos, and property condition.

Luckily, Fayetteville is non-rural, so there's a good chance the Lender will find sufficient comparables to warrant a strong value.Regarding the seasoning period to show NOI for a cash-out refinance, the Lenders I've encountered typically compare what the rents collected are vs market rents, and usually go off of the lesser of the two.

So Cal has everything for every RE investor, just more quantities of one type over another at different times.

There is more to investing than how many properties you have-ie quality vs quantity. 

@Reagan Huefner 100% DO NOT close until you have sufficient time to review the leases, vet the tenants, and whatever other due diligence your situation calls for.