You should ask the bank first if they can provide additional funding, but be prepared to explain what happened with documentation to support it. 

Very polite, proactive in the application process, had good references from previous landlord, has good/stable employment, and when I looked them up on Facebook their information matched everything on their application.Unfortunately, they are not able to complete the screening due to a complete lack of credit history (young applicant with no credit cards or, evidently, student loans).

The RE investing that makes fast money is not really “investing” - it’s a self-employed RE business.

If you're looking for additional safety, you could even split some of it to be invested into conservatively underwritten debt, so that if things go badly you can foreclose and recover some or all of your principal.

Hi Savannah - PM me your email so I can add it to our list.

Possible causesOverpricingQuality of UnitQuality of Neighbors (homes and businesses)Location of Neighborhood, Amenities, Transportation, and Employment OpportunitiesSupply and Demand in your areaEffectiveness of your marketing  (Are you reaching the potential renters best suited for this property?)

My long-term goal (15+ years) is to have a portfolio of rentals for income, a solid retirement pool, and additional capital for investment to provide to the next generation of "doers" who want to flip or buy-and-hold.

Househacking can be a little complex for tax purposes.You have a primary residence in addition to a rental property.You are eligible to deduct direct and indirect expenses related to your rental property.Direct expenses can be considered items like repairing an appliance in the rental unit  or doing the flooring in the rental unit.Indirect expenses are items are items for the full house that you would pro-rate to your personal residence and your rental property.

You could always run your numbers at 5-10% below that ceiling and also factor in the additional carrying costs.

You may want to look into an accountant especially if your storage facility starts to hire employees or sell additional items like boxes and such.