However, there is a way to bring them in as partners and treat them as preferred return partners and report the preferred return as guaranteed payments for use of capital. 

The loan from each quarter / semester made our credit report look like a mile long debt.

Would love feedback on initial pro formaView report*This link comes directly from our calculators, based on information input by the member who posted.

As long as 75% of the rental income minus the PITI on the investment property is a positive number, I believe that would add money to my reported income without worsening my debt (since the rental PITI isn't double-counted).

I suspect one of them is about adding a section (extra rooms, bathroom, extension to the basement) to the property (there is no description on the OPRA report, I plan to call the town to confirm).

The reason you can't deduct travel expense before identifying property is you report your every rental activity that you already own on schedule E.

And in general tip income is significantly under-reported.  

Just be careful that if it's on a property in your name (like your home), it will report to your personal credit.

Nothing about this was mentioned in the condition report.

Just go ahead and get a preapproval from their “preferred” lender...agents do this, as they should, simply because they know Their lender will do a Real preapproval....2 years tax returns, W-2’s bank statements , etc....unlike many who just run a credit report.