R  Resevres:  Needed for downpayment and Emergency Reserve.  

While very lucrative - if you don't have enough reserves, it can really break the bank. 

However, the buyer's bank refused to fund the loan, stating they needed to conduct a full inspection—inside and out—to confirm the property still exists.

If mixed in with your deposits and reserve funds, you may accidentally spend money you shouldn't have.

Can confirm Joseph is a real person 

Should that reflect the new amount, and then I simply confirm via email to tenants the additional $100? 

With the numbers you provided above, you will have to ensure you have healthy reserves.

You have confirmed the research I’ve already done.

HML lenders want to see a clear path to profit, so ensure your ARV and rehab estimates are solid.For next steps, definitely prioritize a detailed inspection to confirm HVAC and interior needs.

I think some folks search for discounts so that's a way for being promoted.Seems guest dont rent a 4 bedroom house unless they have triple the amount of guests they originally reserved for.