.● Household Gross monthly income must be at least three times (3x) the monthly rent.● No Evictions/Broken Leaseso No outstanding debt to housing providers of any kindo Proof of honorable reconciliation requiredo Positive re-established rental history required● All bankruptcies MUST be dismissed or discharged.● Credit approval is subject to credit risk fee below 620 and potentially additional security deposit.● All residents of the property 18 years of age or older MUST submit an application and completea criminal and credit background screening.● Smoking is NOT permitted inside the home or garage.Hope that helps!

Originally posted by @Bella Walsh:If you're not already, make sure you're running a comprehensive credit and background check.

It includes, among other things, a comprehensive map of the Cleveland area, grading each area from A+ down to F, using a consistent, objective and transparent methodology using publicly available data.

They have so many reports to complete for the lender, but rarely does this include a comprehensive look at the property. 

Household income more than qualify for investment property mortgage.

If everyone in the US ran their household budget the way the government/state/feds run a budget, run up debt, sell more and more bonds, and print more and more money - everyone would be broke.  

It includes, among other things, a comprehensive map of the Cleveland area, grading each area from A+ down to F, using a consistent, objective and transparent methodology using publicly available data.

Not having a comprehensive lease        You want to make sure that your lease is detailed and specific to the state of your rental.

If you don't have a person who trusts you and is willing to lend - or if you just need more money NOW - then a hard money lender might be the way to go.If you want to raise private capital, read Matt Faircloth's book for a comprehensive overview.The term of the loan is completely optional.

You can also do a modified version where you get a suped-up cleaning crew that will keep an eye out for household items running low or any maintenance issue, but if you want full-service, hands-off Airbnb property management, give Hoste a call.