Had a quick question how is this reported in your federal tax return? 

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You are dealing with both the Fair Housing Act as well as the Fair Credit Reporting Act. 

Hi - I've searched and can't find a good explanation of the BRRRR analysis report. 

Activity of the property is reported on your personal tax return. 

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Good because contingent liability on person credit report, more flexible with terms, etc.  

Usual is 3x rent, sometimes you see 2.5X rent.Your idea on deposit besides being illegal would be very bad for your units as there would be little justification in them taking care of the unit.Items that we list as mandatory to qualify for our units: No evictions (ever), Verifiable income 3x rent from sources that are at least present for 6 months, Cannot have been in more than 2 residences in previous 5 years, no missed rent payment on credit report, good credit, non smoking/no drugs, about 75% of our units do not allow dogs or cats, strong LL recommendations. 

Seems like an ok deal, but not a homerun,View report*This link comes directly from our calculators, based on information input by the member who posted.