Purchase 1,000,000 Down 200,000     Mortgage 800000           Monthly             Debit 5200     Tax 1000     Ins 800     Maint 500     HOA 600     8100           Short Term Rental       90 days @ 600 + short term 65000     less mgt and fees 52000     Avg Monthly 4333.33333           Cash Flow Monthly -3766.6667     Cash Flow Yearly -45200           Depreciation -21666.667           Loss + Depreciation -66866.667     Taz Benefit -25409.333           Cash flow after Tax Benefit -19790.667 or monthly -1649.2222

Any prepaid rent needs to go into your escrow account and only be paid out monthly when it is due. 

There's a line item on the PM statement from Memphis Housing Authority that says Rent Abatement for 4/20 and 5/20 and the PM debited two full months of rent. 

You need a valid debit card and a valid bank account and if you have that, it takes less than 5 minutes to setup. 

For context, I have a landscape design company, that services both residential and commercial properties, no overhead, and all of my jobs are pre-paid. 

The website says "The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value)."

I use a custom invoice to for monthly rents, a better way than the simpler way of just crediting rents to a sales account, and debiting cash through a journal entry or deposit screen.

Some pay with cash, others via check or debit card.

The most I would take is 2 months, ,,,, first,  last and get same for security deposit.. up front rent is time bomb.. some like it other's don't  I never accept pre paid rent that would go into the next tax year,, to much paperwork... 

.$20,000 to $250,000 loan amounts.No annual fee.15-year draw period & 15-year repayment period.For single-family and multi-units, condominiums, townhomes, second homes and planned unit developments.Fixed-rate loan lock option as low as 2.99% APR (Minimum 60-month term required) .Apply up to 3 fixed-rate loan locks at any time.Fixed-rate is based on credit history at time of loan origination.Interest Only.No prepaid penalties.