Thank you for compiling this. 

.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

"the MLS" is a compilation of dozens upon dozens upon HUNDREDS of "MLS's", all specific to there market's, operated at market level, administrated, oversight, policed, at the local level. 

The RentPrep standard products are hand compiled by FCRA certified screeners in-house. 

There are a lot of people looking to invest in our market and I think it's important that people be very cautious that they understand all expenses before looking at STR properties.I'm currently starting to analyze different buildings and units within those buildings to start compiling a list of the best areas in our market, as well as buildings to get the best returns, when all expenses are considered.

There are multiple options available for screening packages; tenant involvement/no tenant involvement, instant reports, hand-compiled reports, and even income verification.You can find further information by going to Tenant Screening under the Tools tab.Best of luck to you!

We want to compile a short list and interview each.Thank you !

You don't need to necessarily reach out to them now but you can compile a list and research them a bit

Identify your target area(s) and criteria then compile a list of properties of interest2.

@Justin HerringtonThe inclusion rate used by residential lenders varies as does how they arrive at that rate.A few years ago, I had compiled a spreadsheet capturing how our lenders were approaching rental income, so what I have below is most probably out of date:Lender                 Income inclusion           NotesScotiabank              70%                          Calculated as Income - 30% expense allotmentTD                             ~70%                       Calculated as Income - 5% vacancy,                                                                 - ((500 insurance + 900 utilities + 500 maint.) * #units)                                                                 - 3% management feeCIBC                         ~75 - 80%               Income - 5% vacancy                                                                  - (5% insurance, 5% maint + 5% management)                                                        - property tax (unclear if this was included in the                                                        determination of net income or deducted afterward)  Note: We placed two mortgages with CIBC this year and the inclusion rate was lower (around 65%) ... not sure if this is the new normal or because we are over their magic number of seven mortgages.Property taxes and mortgage payment are deducted from the calculated Net Income to determine the debt coverage ratio from the lender's perspective.It you are insuring the mortgage (say through CMHC) then lenders will use the CMHC guidelines which allow 50% of the gross rental income to be included.