.: Here's a good guide with links to the law: https://www.tenantresourcecenter.org/earnest_moneyIf you charge $25 and the credit screening costs $10, you can keep the $10 as income.

You also need to accommodate tenant schedules for showings.Relisting later might reset your listing's visibility, but delaying could cost you more in lost income.

I mean myself and any bank would need more details, but if you utilize that large sum as a downpayment and have a small mortgage, wouldn't you easily qualify for the debt to income?

Would that lower our tax liability from other income we receive or no because this is purely RE and not an operating business?

If you have a high personal income and can support the property if it needs cash, that helps, but is also not scaleable. 1.

The current gross income is $2,700 per month or $32,400 annually, while the pro forma gross income after renovations would be $4,000 per month or $48,000 annually.

Now, lenders verify income, assets, and jobs, reducing the risks associated with ARMs compared to the past.3.

The home has a separate studio in the back for rental income with solid rental history but I am still trying to get a sense of the likelihood of consistency in renting it out as a short term or mid term rental. 

Everything I bought is up 2-3x and last year I had net rental income on my taxes of $86,000.

My approach balances both—ensuring that my investments generate income while also appreciating in value over time.