If you do have enough other income then you dont even need to lease out this property to start your refinance.However if you dont have enough income to qualify with no rental income offset then yes you will need to obtain your lease(s) and security deposit + 1st months rents deposited before you can utilize 75% of this gross income - your monthly PITIA payment (in terms of qualification on this property refinance.So all in all Id make sure what your current debt to income position is first of all (DTI) and then strategize to see if you even need the leases at all.

I don't expect millions for pennies, in fact, I resisted going up on my tenants rent during the pandemic since they have to pay all utilities.

It would be a way of leaving an inheritance that's all wrapped up in an income producing bow. 

For example, an algorithm can't compare a property that charges a flat fee for utilities vs one that charges based on use. 

Another thing to note: Some lenders just don't utilize soft pulls, so they have no choice but to do a hard pull.

I reduced my responsibility to only taxes/insurance while the tenant buyer does the maintenance, pays utilities and makes monthly payments to me. 

I am interested in utilizing space again for group meetings, workshops, and for clients who may still desire private space.

So My dad would end up with 50 to 75 leads for the month all self produced ( which was legal at the company) And within about 18 months was number one sales men then about 2 years after that he went out on his own and started buying his own land to flip.

hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.

The PM change the electric utility to the PM's name.