I have managed to get a couple properties under contract, most of them fell through due to a lack of investor interest.

After the first offer fell through I got another strong back up offer and made a good payday along with a young couple happy.

We refer to this as reconciling to the previous tax return.As far as where to get the information to calculate some of these values, most of it can be derived from the closing/settlement documents for the fixed asset.To calculate depreciation, amortization, etc, you'll dig through IRS publications.

That being said, I don't think the bank is going to be sending folks to peep through your window to confirm you live there... but you obviously still shouldn't do anything misleading, hypothetical or not :) If you have utilities or some bills in your name headed to that address, that would adequately show a proof of residence to some capacity. 

Feel free to reach out if you'd like to go through the numbers together.

Here are some common hurdles that many investors face:Market Conditions:Project Management Risks:High Upfront Costs:Finding a Reliable Lender:Regulatory and Inspection Hurdles:Cash Flow Management:If you're in fix and flip game and need to secure funding.

The census bureau has alot of other data you can look through to answer your question 

I paid cash for the lot and am looking to finance the build through a construction loan. 

Zillow, negotiate through realtor How did you finance this deal?

Real estate can be a great way to diversify your portfolio, create cash flow, and build wealth that you can pass on to your kids.