It reflects the average rental income per booked night, including nightly rates and additional fees like cleaning charges, pet fees, etc.

if you only do negative cash flow for few hundred bucks and your large income is good enough and you plan to keep the house for ten years, then this is not an issue after all.

I read that you can setup solo 401K if you have only Schedule C income and not Schedule E income. 

Me and my wife decided to build an ADU on the property so we can increase the property value, and gain additional income passively.

DSCR loans won't use your income to underwrite the loan.

If you qualify conventionally, any bank will use your income, credit and assets to get your loan completed.  

Of course, the quickest route, albeit requiring a substantial upfront investment, is to purchase a rental property and start earning rental income.There is a lot to break down, I'd like to help further if you want to reach out.

I am currently running into issues with finding lenders due to me still being in college and having a lack of proof of income.

Income tax: A foreign investor receiving rental income from U.S. real property must pay income tax.

When it comes to wisely investing our hard-earned money, it's important to consider the data, seek advice from locals, or even visit the location in person.The cost of living in Jackson, TN is 4% lower than the state average and 14% lower than the national average.