@Chris Politylo  In general I believe most STR owners go the traditional financing route to which they are usually going to have to show previous schedule E/C tax returns to prove monthly revenue to apply as additional income when qualifying.  

@Josh E. you should involve your contractor from the beginning prior to making an offer so you know what needs to be done and how much it will cost.

For your rental income part they will usually take your average of the last two schedule e tax returns and add back the depreciation expense.

Out of that area E.

Some may need a detailed tour.Told us how long it's been listed and if any offers had been presented to the bank yet.Provided ARV comps via e-mail within an hour of the showing.  

@Davina KeoYou can take a look at Form 1040 Schedule E for a list of the most common real estate deductions.

I Assume it was a Moderator that threaten the Ban without a reason other then "Spamming", which I thought was sending e-mails to people you didn't know. 

Send an e-mail to the address below and I will get you the contact info.

Originally posted by @Josh E.

I went through BP post and found a checklist https://theresabradleybanta.com/wp-content/uploads/2014/03/Checklist-Before-You-Offer.pdfParallelly  I want to approach existing tenants and want to ask about issues with the property like - existing repairs  - recent inspections - soundproofing- any issues with HVAC, electricity, and plumbing - also about an existing landlord - their current rent and lease agreements. ( just for a reference as I'll be requesting Schedule E or 1065 form from the existing owner)  Since I'll be knocking on their doors and asking them, I might be shunned away or not welcomed, so I was wondering if there any tips you all can share which would help me approach the tenants Would offering them a chipotle or subway gift card for 15 mins of their time, a good idea??