I follow a checklist in order to get rental properties up a certain standard: - The interior and exterior paint should be free of excessive wear, smudges/dirt and preferably in neutral colors.

Losing approx $5-10K per month during summer seems excessive.

Inflation might go up 5% next year and be primary based on fuel prices spiking while housing prices might be dropping!

Simply because the interest payment alone at 7% APR will be in excess of $3K, the total gross income of the earner you mentioned.

They are very transparent about where the money goes and great stewards, of it so we feel comfortable giving knowing they're not using it for frivolous excesses. 

A conventional loan may come in slightly cheaper, that's true, but the red tape on conventional mortgages is excessive to say the least.No Reporting on Personal Credit: DSCR loans are kept off your personal credit profile, which is perfect for keeping your personal and business credit separate.

Unfortunately, the perceived excessive costs involved in purchasing real estate can intimidate aspiring residential real estate investors.

A lease should state the heat source and who is responsible for paying for the fuel.

Inform your LTR tenants about these rules and let them know they can report any excessive disturbances directly to you.Communication: Keep an open line of communication with your long-term tenants, so they feel comfortable voicing any concerns early on.Outdoor Amenities: If there's a shared yard or patio, think about dividing these spaces further to give both STR guests and LTR tenants their own zones.Protecting Your STR from Bedbugs:Mattress Encasements: Invest in high-quality, bedbug-proof mattress and pillow encasements.

Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.