Yes, my question applied to rentals, and it appears we are all close to doing the same way.

However even if you make more money than the requirement you can use a portion of your income to apply.

However, strict IRS regulations apply, including prohibited personal use and mandatory income and expense management through the IRA, with penalties for violations.

Does that same logic apply to "buyer agent commission"?

By the way, 3 of the 4 have been rented since I owned the property so yes I suppose the 75% rule could apply then.

I'm being nit picky on purpose.Also, the Standard Lease doesn't apply to commercial tenants, so if the property under question is 6+ units, that might be easier.What you have described is Property Manager that has a Lease Option on the property. 

The renovation costs may include a contingency reserve and renovation-related costs.Contingency Reserves:Contingency reserves 10 % required for any unforeseen cost overruns that may occur during construction.Unused contingency reserves that were financed into the loan will be applied to the principal balance of the loan.

you mention applying for a loan …..does this mean you own a home and were  trying to refinance it  ? 

I am not familiar with Las Vegas rules but most platforms won’t let you apply for a permit unless you are on the title of the property, then you will need to furnish the property after closing unless you are purchasing a property that comes furnished.

However Becoming a Part of Renatus or Becoming a Part of a Different Real Estate Investing Education Company, it all comes down to applying the knowledge that is learned.