For me, that includes late fees, the cost of the eviction filing, etc.

such as by including affirmative coverage for forced removal in the loan policy. 

no one, including my score, is going to be much higher.  

Include an exit strategy, tax planning, and insurance to protect both parties.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases.

This chart does not include the latest increase in rates, but in a couple weeks we should have an update.I saw several places that showed increased rates:https://www.verticalbuilders.com/blog/what-to-expect-in-q4-2... 

I am admittedly a newb in the process of getting all of this set up for my first rental (so correct me if I'm wrong) as well but I have some IL-specific perspective to offer: From what I have read, as of 1 Jan 2024 in IL, landlords cannot exclusively accept EFT payment of rents (includes Venmo, Zelle, etc.) for leases starting on or after that date.

I take a percent off of total top line (including cleaning fees) that is 5-10% less than what a local "hands on" operator would charge.

Some tools that might help at this stage include AirDNA, Rabbu, Airbitcs and or STR Insights. 

Would that loan include the renovation costs based on the ARV?