In 2023, I did 18 transactions(Top 500 of ~15,000 agents), and manage 13 rental properties for other individuals.As an Individual, I also own 5 additional rental properties that I also self manage.The reason I would like REPS is because Ive got about 200k in passive losses(100k just in 2023 as I fully remodeled one of the rentals and partial reno of another) I would like to apply towards our household W2 income(600k) Overall, I feel like I could definitely qualify but I definitely lack detailed time log of all activities.

Try this device to measure the noise: https://www.amazon.com/Indicator-30-130dBA-Detector-Temperat...You can also stick the same device by windows and doors to see if temperature drop - which would indicate an insulation issue.In addition to getting an Energy Audit, you may also want to look into any state, local or utility programs that offer discounted or financed energy improvement programs.

Daniel,You are asking a couple of good questions on here, but I think you need to add a couple of more and take two additional steps before purchasing.First, the more data you start trying to look at, especially data that is not necessarily relevant, rather than finding clarity, you find confusion. 

Additionally, consider other factors such as potential appreciation, tax benefits, and long-term wealth-building potential.Lastly, don't hesitate to seek advice from experienced real estate professionals, such as real estate agents, property managers, or mentors, who can provide valuable insights and guidance as you navigate your first investment. 

If I need additional funds, I can give another lender a second mortgage after explaining to them that the first mortgage holds a stronger position.BUT... if you do some paperwork with the state and set up an entity.

Subtracting the additional $30k I put in when it had negative cashflow, that's still $11,500/mo. 

Additionally, holdover tenant is now subletting out the rooms making income and advertising it on 168.com.

I personally am okay with having a cosigner for a tenant because this adds an additional person who is financially responsible for the lease if the tenant is unable to pay rent or for damages they cause. 

heloc terms are not the same as fannie mortgage terms (like @Chris Mason mentioned)for instance I have a 90% heloc on an old primary that was ZERO cost, and the rate is prime -.001%. this additional LTV might help your cause. a heloc is also not necessarily due once you move.

In addition, in our lease agreements we require tenants toobtain renters insurance for theirs and our protection.