@Harriet Baldwin, thank you for the explanation, I appreciate it as I love to be enlightened to other perspectives and how business is conducted elsewhere!  

@Bill Exeter Good afternoon Bill,Thanks for further explanation.  

However some lenders will require a written explanation of all HARD credit checks.

it also has detailed explanations of all the complex transactions and how to record them, such as lease options, refunding a security deposit that includes interest and withholding payment for damages, etc.Also, like Victor Chico, I have the Fujitsu ScanSnap S1500, and for the same reasons.

I love your analysis and explanation.

Thank you guys for the input and explanation of the 50% rule.

@ zachEarlier in my career, I did hotel appraisals (market valuations) for two (2) of the largest hotel consulting companies in the world.The short answer to your question which requires a lengthy explanation is:(1)  Find recent hotel cap rates - Companies like Jones Lang LaSalle and others have quarterly/regular reports for hotels. 

Thank you for the explanation, @Andrew Postell.  

And a random 'resident score' with no explanation of the scale for the score.

I like the idea of having one payment rather than two (although in the grand scheme of things it doesn’t really make a difference).Your explanation makes perfect sense.