In my other life, I work as a medical coding auditor.  

An auditor may try to argue that you did not have the intent to hold for rental purposes. 

I looked on the auditors site and saw that the owner doesn't live in the state.

I am not one, but I am a full time tax auditor for the Treasury department.

I currently work as a HVAC designer/energy auditor for commercial, multi-residential, industrial, and institutional buildings in Canada.

My suggestions are:2 years of bank statements for the property so you can verify deposits and expenses tied to cash2 years of tax returns (2013, 2014)2014 and 2015 Profit and Loss reportsRent roll for 2014 and 2015Ideally all of the last two are certified financial statements (meaning they've been reviewed and signed off on by an independent auditor), but chances are they won't be.

I did not call the auditor/treasurer to verify this.

I ask because I have started working on the service for my own amusement, as I was looking at auditor web sites but wanted the ability to search many at the same time. 

You can also go on your county auditor's website and plug in addresses to check the currently appraised value of any home in the area, and it will tell you when the last transfer of the property was and for how much.

I challenged the auditors assessment and they agreed with the new value.Electric= $50Heat= In December, January, February, and March the highest heat bill I had was $173.