I think its important to note that "personal use" also includes your family members or anyone else that uses the property at less than a fair rental price.

We are in the process of screening a tenant which of course includes verifying rental history.

This transparency in their payment process can inspire confidence in their operations.In summary, despite initial concerns, the company appears to have several positive aspects, including flexible payment options and a commitment to serving a diverse market.

@Greg ScottYou can get the upgraded version that includes a microphone with it engraved with “guru” for the extra $25k they charge to teach you how the lost it all

Here’s what I’m planning to include in my buyer’s agreements for transparency:"As your buyer’s agent, my commission rate is set at 2.5% of the final purchase price.

If you don't have it you can call your insurance company and ask them to email you the declarations pageRecent Mortgage Statement:2 Different Utility Bills: Gas, Electric, Cell Phone Bill, Cable, Garbage, any two utility bills.Copy of Mortgage Note all pages: Was included in your closing documents when you purchased the home.

Anyone ever seen a printout from Airbnb that includes a column title "m_nights_altered" as seen below?

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

There is absolutely tons of beneficial info and resources available here including podcasts, books, like-minded people, meetups, conferences and more!

And it includes - NOI, Appreciation, Amortization of the loan, and depreciation writeoff.The total of these will paint the picture of how your properties are actually performing.What is interesting is that each of these components will react differently depending on where and how you place your next investment.