What's your monthly gross income?

I mean they do it for low income senior residents and the multifamily affordable apartments that been there for a while.

So do you say in your screening criteria that if total debt plus monthly rent payments = greater than 45% of gross monthly income, you will deny the application? 

Suppose you are personally sued; during the discovery process, you must provide information on all of your income and assets (including your LLCs in any state (with or without anonymity).

Now 75% of legal ADU rent can count toward income to loan. 

Adding that extra unit will reduce your risk since you are adding another income stream to a property you already own.

I'm financially stable with good income, low debt, and good credit score. 

I want to use this post to give a little insight on why I love commercial investing.How The Property Value is DeterminedThe beauty of commercial real estate is that it largely only comes down to 2 numbers: Net Operating Income (NOI) and Cap Rate.

Goal is to replace W2 income, initially. 

A no income no doc DSCR (debt service coverage ratio) would be a great option for you .