Does that count?

But the other issues we've run into from lenders is 1) We're a Gc to where the company's income comes from selling our new construction builds - the bank *US BANK actually told us they couldn't count that income at all because they view the sale of homes as "inconsistent". 

Huge piece of advice someone gave me as I transitioned to FT, do not count commission until the deal closes.

Some lenders will base off the "mix" of commercial vs residential by sqft and some will base off of rent, and some will base off of the unit counts, so you'd want to take advantage of the lender/broker that can fit your scenario in the most favorable way possible.Is the property fully occupied?

So unless you plan on refinancing within the first year, the refi money doesn't count towards it.OK. 

If you have a lease in place for the property, you can count that towards the monthly expense, but not always easy when you need a place to stay. 

YEs, it's cheating, but you won't be the first who has done this.Side note - I never understood why a college degree counts for S**t towards being a GC.

Cash-flow is great when you're looking to scale unit count more aggressively and appreciation is better for steady long-term gains and wealth building. 

Not sure about PA, but in NY if there are any lights in common areas the landlord needs a separate meter - you can just go count the meters on the house, if there are 5 then you know there is one for common areas.I wouldn’t use cap rates for a four unit, use comparable properties if possible.

I'll give the county a call to see what they can share on the permit count.