Our lender has informed us that we need 12 months of rental history to use the actual rent for financing purposes, or we must rely on the appraiser's fair market short term rental value.

@Chan Park Hi Chan, I sense you are fairly new being a landlord.  

Getting Fair deals on labor and repairs comes from developing win/win relationships with contractors.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

While I’ve flipped a fair amount of houses, Iv never done one one while living in it.

I've never thought of a permission to show as wholesaling, but I guess it's fairly close now that you point it out.

Number 1, Always tell the truth and deal fairly.

To communicate that a candidate doesn’t meet your qualifications without violating fair housing rules, you can simply focus on the criteria rather than the individual.

We had success in summerlin with insurance company paying .. over a 24 month period we had 3 tenants   fair market rent at the time was about 2200 or so non furnished.. we got 4100.00I did not like the turnover so I put it up as furnished rental and got 3500 and its going into its second year with a superb tenant. so seems like a happy medium for us.. 

My understanding was that since the previous landlord had it rented out, if i want to rent it it need to follow the rent control value they gave it (which was a fair number in my case).