Your tenant in not identifying themselves as having or wanting a service dog when being screened was dishonest in their rental application.

This practice of renting by the room is very common in college towns; you can probably get some good ideas from the websites of these type of rentals, including rules, applications, & leases.  

With a few exceptions that I do not believe will be applicable here. 

So, again, I have a hard time believing I'll get something under contract by offering the 70% rule.Do you guys still find the 70% rule applicable?

Turbo Tax or any crank out your tax program isn't considering future ramifications of your current tax elections, it won't address inventory accounting methods such as LIFO or FIFO (look it up) where economic conditions may be applicable to your operations, Section 179 isn't always the best approach.The only "issue" I see with the comment by @Ted Lanzaro is that his statement wasn't qualified fully, saying less than $150,000, that should have been mentioned with an income of being greater than say %45,000 because if you don't have any real income you sure aren't going to save thousands.

I am currently assessing numerous leads and I want to know my options for financing.

I am familiar with the standard Zillow and alike applications.

They stress test the property numbers, specifically at the balloon point (if applicable), and will not lend if the property does not meet their underwriting criteria.  

(The vacancy numbers are weighted by county specific vacancy counts, not a numeric average of county vacancy rates.)I put a link to the source of the data at the end.2019 Proj Total Population (& annual growth)1,255,325+0.86%2014 Proj Total Population1,203,7352010 Census Total Population1,162,386July 2015 Certified Population Estimate (NC only)1,190,4732010 Census Total Population: Urban627,87254%2010 Census Total Population: Rural534,51446%As for housing, the 2010 vacancy numbers reflect the impact of the Great Recession.

Do most apartments use third parties to screen applicants?