It is a small additional fee over the credit check fee. 

My situation: $135k HELOC, ~$5k in cash, and good credit score with steady primary income as a Financial Analyst(meaning I should probably know this answer haha).

I want to make sure whatever property I purchase, will have a steady flow of income that exceeds my mortgage payment once I plan to rent.But, I feel that there are going to be some hoops to jump through considering I am 18 years old without any credit score.

You can leverage their credit and get them to qualify.

Full disclosure I am not going to be a local investor in NYC but I have been preparing to get into an OOS market for multi-family investing.

Well, learn as we go and be better to prepare for next transaction.Thank you for your help.

A SSN will be needed if you do a credit check.

That's worth having a high-quality tenant and it should be worth it to them to avoid moving, paying more, or potentially winding up with a nasty Landlord.If there's even a chance they would cry over an increase, be prepared to show them comparables, the value of staying with you, and how much you are losing by keeping them at the lower rate.

If you are going to invest in rentals, or flips, or even successful wholesaling, you better steel up and prepare to work, or you are going to be decimated by those around you that *do* work. 

Tax Credits?