@Suduk N I would wait to find a more suitable tenant and/or lower the rental price.I recently had a turnover on the Southside of Chicago and after listing it on Zillow and rentlinx had over 75 inquiries within 3 days of posting.8 prospects came to view it and I eventually found a qualified candidate.The cost to wait for a qualified tenant is always less than the cost to evict an unqualified tenant.

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A few years ago, I went to view a house for a fix and flip. 

The rest of them are spot on - modern homes bring higher values, 2 car garages, views, amenities, and the age old - location, location, location.

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View report*This link comes directly from our calculators, based on information input by the member who posted.I’m analyzing this a few ways, but I need to start with the renovation budget.

u...

I would not buy a house with views of cemetery as I believe it’s not good for prosperity , but not sure about this set up .

The "how" of what your doing would mostly be a question for your accountant or yourself if you have a preference on how you view your P&L's.Your tax liability (again not an accountant here) stays the same if your income goes up the same amount as your expenses. how you are doing it now is perfectly fine.

So of the underwriting rules make no sense from my point of view, but because it's a competitive market, as investors we can just move on.