Yes, that depends if the “Step Up”rules still exist.J.

Newer septic rules also require enough land for two septic tanks per each one you are required to install.

Using the 30% affordability rule, the monthly rent affordability for most households would be around $1,545.

Any suggestions on what to update/populate in our "rules" section to help us make this clearer? 

Asking in the correct forum will get a better response.Read the RULES!

It’s humbing and frustrating, but it also teaches you those guardrails you’ll want next time.. like thorough screening, a solid lease agreement that sets ground rules upfront, and maybe even setting aside a bit more cushion in reserves.Chicago’s got plenty of investor-friendly pockets.

I have actually seen this before and courts usually stick to the rule unless you get dam lucky. 

The 1% rule is a simple rule which is easy to calculate and describe.The Market Analysis IS the screening rule. 

Quote from @Ben Russell: Although I agree the leases and the legal implications of "Mid-Term" rentals and "long-term" rentals are closly related, I don't think the leases should be identical. 

It falls short of the 1% rule which with current rates is not sufficient in most markets to have achieved real cash flow after properly allocating for sustained expenses.