If it is, then your 2nd step is you have to apply for that loan. 

I have it linked to my bank and upload every few days, apply things where they go, and I'm done.

I once had a perspective tenant apply looking professional and nice, while on social media we could see what type of lifestyle he led (non stop partying and drugs)   You need to be careful why you say no, but finding red flags can sure help narrow down the search. 

Be sure you include rental criteria so only qualified applicants apply. 

What @Allan Smith says is not correct in that it only applies to some crowdfunding. 

I have the ability to apply for the same level Line of credit on my business but am going to do that yet. 

I'm wondering whether to apply for the conventional loan first, then the HELOC? 

Can I use projected rent money as income when applying for a loan?

I currently have about 10k in the bank remaining and adding to that account slowly from my wife's job and rental income.I started to apply to jobs as an assistant construction manager and now considering starting a company to do property management.

@Chris SeveneyDo you know if this applies to private money lending for a residential flipping project.