There are better legal ways to reduce liability, but each carries its own dangers.Example you own the LLC by yourself that holds your rental, but your spouse and you own your personal residence as tenants by the entireties, and your wife has the CDs and stock accounts in her name only.

I know some landlords who give residents the option to pay rent weekly and charge more for that service.

I think I should start with getting out the car and talking to the residents.

In a few states, they are not legal as a conveyance for primary residences.

Ahh I think I got what you're trying to say it is different how rental income is calculated when the subject property is owner occupied or non owner occupied, explanation below.To clarify:For rental income on a Non owner occupied property (which I believe this is)right 800 income - 800 liability is $0 to make the borrower qualify for and you divided it by 0 because he has no other income so the ratios are 0/0 if gross rent was 1066.67.The 800 Income after being discounted by 25% is netted against the 800 PITIA = 0 effect plus or minus to the borrowers scenario.For rental income on a primary residence:What your implying is how rental income is calculated if the subject property is a primary residence then yes it would go as you had mentioned because the guidelines do not allow the borrower to net the income against the monthly obligation so income would go in the income category and PITIA would go into the expense category similar to what you mentioned 800 / 800 = 100 DTI (debt to income ratio).

I would NOT withhold keys from the tenant when he gets back because you run the risk of getting yourself is trouble for illegally keeping him out of a residence he is legally entitled to be in.

You only have one chance to make a first impression, and MANY real estate buyers will base their decision off that first impression (I did when I bought my first personal residence).So, if it's only half-finished -- or even finished but not staged -- I prefer to not let anyone see the property.Now, there are two exceptions to this rule for me:1.

That is the minimal goal, perhaps I can buy another non-principal residence before then, lets hope.

I'm also in the DC market, looking to gain general knowledge as well as specific market knowledge of the H Street neighborhood, where I also reside.

Underwriting assumes that you will sell the NOO or the vacation home before you would sell your primary residence in a time of desperation, thus the need for more "skin in the game"