Revenue and expenses split.

The deposit you are asking for isn't going to cover much and I would focus on revenue. 

Asking price 1.6m2021 gross revenue around 545k. net 175k.Occupancy average 95+%Part time staff already in place.

Compare the rent for the larger house with your airbnb revenue to decide. 

I like airdna as a base line and then I can refine the estimates:1.Running comps in AirBnB for nightly rates, you can use Mashvisor to help make this quicker.2.Reaching out to the owners of comps to ask how they did for revenue/their occupancy numbers.3.Ask a local agent to pull the property and comps up in the MLS.

I can't rely on comparable data because there are other properties nearby with less restrictive rules (as short as 7-day, unlimited) so the comps may not actually be comps at all (AirDNA projects $75k annual revenue - I only need about $50k to make the deal make sense). 

If you want them to focus more on the revenue the property is generating, rather than your unemployment status, look for asset based, commercial loans.

The thought is that FHFA wants to generate more revenues from these 2 specific product groups to have been better financing for first time buyers or lower income areas.

@Kevin PhuHave you called the AZ Dept of Revenue or the city of Phoenix for clarification?

My estimates of revenue come from comps that are similar using Pricelabs, and this is the CoC is based on the slightly better than average revenue numbers.Numbers are numbers.