It does not use your personal income to calculate for qualifications, instead it uses your rental income. 

Some Leases allow penalties of up to 3 times the rent (calculated on a daily basis) for Holdover Tenants.

View report*This link comes directly from our calculators, based on information input by the member who posted.I have $85,000 available for a residential rehabilitation project.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

As an agent, it will be harder for you to get a loan because you need to show you have two years of taxable income compared to a regular job.

This is where all the nuance begins of calculating and analyzing the best possible lending terms, and of course, all of that will be dependent on the intended purhcahse price of the property.

For real property, a business casualty loss or involuntary conversion gain is calculated separately for each identifiable piece of property [Reg. 1.165-7(b)(2)].

I would only be able to avoid 2/5 of the capital gains, due to the fact that I lived there only 2 years (qualified used), but the other 3/5 of the gains would be taxable because I didn't live there, it was a rental for 3 years (unqualified use). 

one thing that no one has mentioned yet is that FEMA is changing the way flood zones and rates are calculated. 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.