Shefali--Even if I have documentation for the official Termination of the lease from the lady who is the original person who applied and signed the lease.

I searched in BP and folks here said single member LLC can elect to have EIN too.The thing is I am applying for a mortgage under LLC and lender requires EIN in order to not report the loan to my SSN.

If a former tenant applies for compensation, a landlord should be prepared to show that the rental unit was used for the reasons given in the notice, or the reason they were not able to use the rental unit for the reasons given in the notice.

This is even more important on the seller side with a listing agreement because of MLS regulations but it applies to buyer contracts too.

The principles of sound real estate investing still apply.

Then these are applied to all properties in that city.

Prior to showing the unit, I had the potential tenants apply on avail, which was free.

Especially if you charged for applying, but even if you did not, I think you should rent at your advertised rate. 

It’s one particular property (house) that I’m very much interested in and I just applied for the deed ( 7/23/21).

I've seen a lot of people with less than $200,000 do some amazing things by having relatives or friends put temporary money like $50,000 or $100,000 into a buyer's bank account so the bank would approve the loan, but you need to put the money in a few months before you apply for the loan, or the banks will catch onto your scheme.The following image shows only one of the types of calculations you need to do to project your profits.