If you don't fall within that category a knowledgeable local real estate agent can be an excellent resource.

You need this property because of the tax code --its one of the categories where a taxpayer can meaningful reduce tax liability.

If you weight your analysis by:  1.

Mount Vernon and the Bronx also fall into that category. 

Depending on the asset class, performance under each category aligns accordingly. 

There are 2 big categories of answers to your question: Friendly/cooperative neighbor and not.

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.

For instance, in my private lending, I dont really give a numerical credit score much weight, but I absolutely look at the composition and history of the individual tradelines on a report if the borrower is a smaller outfit, such as a single member LLC or similar solopreneur-type operator.

This tax is assessed on business income inside of tax-exempt entities or organizations (IRA falls into this category).