Generally if you don't have tenants in place, and sometimes even if you do, don't count on your lending institution to include that income for purposes of approval. 

Here are a few details:Money in motion: up over 15% from 2014 to $1,222,889,198.Sales counts: up 4.55% from 2014 to 4706.Average price: up 10.35% from 2014 to $259,857Median price: up 10.77% from 2014 to $180,000.Our market is rockin!

And I think @Azeez K. promised an "inside the Perimeter" meetup soon -- the Home Depot day doesn't technically count, does it?  

Both of these count towards your two year history.....

Originally posted by @Steven Hamilton II:Only on Schedule E unless you are providing active services for them.Hi Steven,My wife has CA Real Estate Agent license, she and I manage all properties, from screen Tenants to maintain / Repair all Properties, does that count the active Services?

Scott Jones , when running through the numbers it looks like the "rehab loan" is actually counted as a credit to the equation.

Of course you can't count on only that, however it is a great consideration (see history and also Fed minutes, etc.). 

Loan balance has got nothing to do with it, it's the purchase price that counts.

After a year of living there, if I move out, rent the unit I was living in, and apply for a new fha loan on another multi family property, can they take into count the rent from those units?

So you can either credit your checking account (but delete the check you input earlier as this will double count it) or you can credit the same account that you used when you input the check (which will zero out that account).