So, I can't quote you the exact verbage from the FCRA or interpret its spirit or intent.That said, I would think it to mean that the information reported must be current.

Under the legal doctrine of four corners, the lease would have to be interpreted by other parts of the document, not just the first page where someone forgot to put down a dollar amount for the rental.

My suggestion is to understand how to read and interpret credit reports, because when you see a low score that might or might not be a sign of a horrible tenant.

Next, my interpretation of the text was that the tenant uses a drying rack on their counter, like I do, instead of using the dishwasher at all. 

In what I'm interpreting from your description is that you are looking recapture any money used from your HELOC which is exactly what a well executed BRRRR is intended to do. 

Case by case seems like a reasonable interpretation of one's rules. 

That IS the agreement.The way you interpreted is exactly what the deal was.

I think she's interpreting that constructive feedback in the wrong way.

And if we interpret it wrong?

You may have a justifiable reason for accepting a tenant with a credit score below your typical threshold, but you leave yourself open to the interpretation of an angry future rejected applicant or (hopefully it doesn't get that far) a judge.