We were thinking about taking a loan from that to put a down payment on investment real estate, but he said that he thought he wasn't eligible because he was no longer technically employed.

According to the PMC, they do background checks, credit checks, past rental checks, the works.... problem is these tenants are serial renters.

My quick research indicates that while there is legal precedent (albeit from 2000) that this would be technically treated as a sale, only the principal and interest paid via seller financing amortization schedule would be taxable.

Here's some background.  1) I suck at bookkeeping. 

We don't technically offer substantial services, so I think we'd take a risk by doing Sch C for the refund this year, especially if we end up switching to Sch E down the road.

Tell them you will send them an application with background check, credit check, and eviction history.

We run the credit report and background of the personal guarantor.

I was more about how using Wordpress allows a regular person to build their STR booking site without a ton of technical knowledge.

This policy should outline your criteria for tenant screening, including credit checks, rental history, employment verification, and background checks.Renters Insurance: Renters insurance provides financial protection for tenants' personal belongings and liability coverage in the event of accidents or damage within the rental unit.

First, my background is a ~27yr certified appraiser, RE Broker, investor, etc., so I have a very good perspective on this subject.