YMMV, but generally speaking, the LTV for SFH rentals maxes out around 75% and MFH is 65%.

Though fee schedules vary by company, generally speaking, you'll pay more up front for checkbook control and less over time, since the full custodial companies will have transaction fees not to mention the red tape of going through the custodian for all transactions. 

Bam, now I can in fact somewhat speak "in general," and I can say that with a fair degree of confidence BECAUSE I've zoomed into that one thing.

There may be habits that created this number and you need to work through it as well (not saying anything personal, just generally speaking). 

This is also part software sort of speak, it gets updated with new features...there is work to it, idk if that labor required is intrinsic too maybe.

Hi Sharad, I would speak with the lender directly to see what your options may be. 

The current lease speaks to the fact that the house has oil heat and it's the tenant's responsibility to pay for it via a contract with our chosen provider.

I can't speak to the other markets you listed but they are typically compared to our market here so I imagine they're similar.

@Spenser Harding you are right on the money, and speak from the perspective of someone who has invested using a variety of methods + gotten in the trenches with a BRRR.

You are required to file a complete and accurate return, which means reporting the income that you earned along with atleast the direct expenses that you incurred on your rental.There are two comflicting forces - Your tax accountant wants to be aggressive with deductions because it will entitle you to paying less taxes(now or in the future).Your lender wants to see as much income as that will increase your Debt to Income Ratio(DTI).The good thing is that you can speak with your lender about 'one time expenses', that were only incurred in that year and are not reoccuring.