Do your self and your clients a favor.

Yes, you will get a rent roll, lease agreements, and all other applicable due diligence.

I’m currently in the same boat🚣♀️, having been self-employed for most of my adult life.

I ran the deal with 7.5% down on the BP calc.FINANCIALSDown Payment: 21,750CC & Inspections: 5000Cash Needed: 26,750Monthly ExpensesP&I: 1453/moT:  208/moI: 115/moPMI: 175/moPM: 232 (I will attempt to self-manage for as long as possible)Vacancy @ 5%: 116/mo= $2299 monthly payment with PM, $2067 without PM in place.I figure cap-ex and maintenance will happen, and we don't know when.. as something could happen day 4 of owning the property.

Sometimes 1brs are in high demand so that is what I would prefer.If I were you, I would talk to several property management companies in the area (even if you plan to self-manage) and ask them which property they would prefer to manage.

We are having a really hard time getting a conventional mortgage though because we are self employed and started our company (Chip Cookies if any of ya'll have heard of it) only a year and a half ago (everyone seems to require 2 years of tax returns for self-employment).

My landlord said that they would email me a screening application and once that was approved they would create a new lease.About a week in a half later I finally get the screening application for the new roommate. 

Yes....1925 home...been renting for 3 yrs....double rental...2300.00 for house and cottage ...having old piping issues.and some roof situation. ..had lived there my self....had whole house lifted....has gone up 10 percent in value....just at a standstill now....plumbing 1925...not sure but may be looking at 10 grand or more...don't know whether to keep...sell....or use loan of some type....thanks for your inputs....

in my humble experience...rent to best qualified first foremost. only after application, background, verified credit  i use www.rentapplication.net/then yes cash up front for deposit, plus first last months rent, leaves 4 months. i add extra for pets too.i rented in both summer and winter. dont mind either.i rented just before christmas. people need house all year. lazy picky ones only move in june. loli did offer free use of my trailer or discount if moved in before next storm, Christmas etc. 

But by meeting your local portfolio lenders and building a rapport you may find your self a lender for tomorrow's bigger deals.