It's more than just applying to DPP for a permit to add a bathroom.

It's my first toe-dip into house-hacking and I just know that in my prior rental experiences, the Hold Fee wasn't a full month's rent amount, it was a % that then got applied towards the remainder of the Security Deposit.Does everyone else request the full Security Fee amount as the Deposit to Hold?

From what I remember if you're going the 5-year route, you just apply for the loan online and its in your bank account a few days later, it can be used to pay down cc debt, home reno, home down payment, college tuition etc.

Option 1: Everyone's DTI is trashed the next time any of you apply for a mortgage. 

If that were the case then nobody would use leverage.When an IRA engages in a debt-financed investment the portion of income that is derived from the borrowed funds is considered taxable - so 65% of gross rental income in my example.However, you have a $1,000 exemption off the top, and then get to apply the same ratio - in this case 65% - of all the normal deductions like interest on the note, depreciation, property taxes, etc. to reduce the amount of income that is taxable.The net taxable income will then generally be a pretty low number. 

Cash with partners (/parents :-)Initially applied for delayed financing, but fell through since the funds used to purchase were from a partnership, and I applied for the loan in my individual name (with plans to ultimately deed the property to our partnership's LLC).

(i learned this in the class for GA licensing.... ) The law regarding charges for agents is more lenient than applying for broker though 

He had built quite a bit of potential equity, due to part of his rent applying to the purchase and due to the house rising in value. 

You could let the tenant know she/he ca re-apply when its renovated I suppose.

I house hack in my property and collect rent so I'm trying to decide if I want to apply the rental income to my actual income.I also am looking for a tax professional I can keep meeting with on a quarterly basis when my business starts to pick up.The last tax professional I worked with did not do the best job so I would love any and all recommendations!