Steve,thanks for the comments and the reference to the IRS documentation to clear up this matter for me!

The commitment letter also stated there will be contracts and other documents to sign but that never happened.- When I called the brokerage admin to let them know I had quit the team and to change my status to solo agent, they said their system shows me as a solo agent and that the TL never submitted paperwork to add me as being part of their team.

Verifying last 2 years of rental history very important!

Your goals will define the route you take on this but building a list for buyers/investors is a time-intensive activity and the list is a living and breathing document.

That probably in most cases for me, will result in a delay between the time you call and the time we can prepare that document, get it to you to review and sign, and then schedule a showing. 

Verifying last 2 years of rental history very important!

It's also worth noting that, given my community development background, the intent is to help them refi into traditional financing after they've established a payment history.

Show them the history of 30 year fixed mortgage rate & explain that the only reason rates got as low as they did is because the Federal Reserve started Quantitative Easing during the during the recession and then again during COVID.Here's the graph showing the impact of Quantitative Easing (QE) on interest rates.

I am no professional here, just explaining from my experience.. first, insurance starts claim and they send adjuster out to assess, check damages, and collect documentation.

Can we obtain a special form or document to show the loss?