If it is a percentage, it is a percentage of the entire income of the lease.

)- I'm wanting to open a HYSA for holding the two deposits and then a checking account for the house as a whole for repairs and income collection etc...

You can comfortably be in the 7's using no income no doc dscr welcoming first time investors 

They provided insights into rental income expectations and market trends, which helped me identify 'good deals' that aligned with my investment goals.

(Interesting story of how that happened, involving WWII).Looks like China and Japan own a trillion each of our debt, but we own theirs too, so who knows....let's see what the money guys say.Thanks for starting out my day with the knowledge that I (as a taxpayer) am $266,000 in debt...that makes my day 😂Germany has a better income to debt ratio than we do. 

Next would be looking at your income situation. 

Since its a legit business, this will simply be a labor expense and expenses reduce your AGI(adjusted gross income) which lowers your tax liability.

As long as it is not your primary residence, it is used to produce income and you pay for a cost segregation study; yes, you can do it.

As long as you are not understating any type of income - and I am taking vary broad view here - - and you are not, overall, defrauding the US Treasury.  

(newbie here) 10% NET income based on cash purchase.