The only way to address this is with greater transparency, not stonewalling.Honestly, any lender who can't produce something more than a "generic testimonial page" gets a well-deserved "hairy eyeball" from me!

Well it DOES make sense in two other important ways:1) it's an incredibly strong incentive to pay your taxes....2) covers the risk that you don't get paid.

If I don’t succeed as a wholesaler, I would probably fare well in Risk Mitigation/Management, lol!

If you can set up an account with google business and have guests leave you reviews on there as well, that would be the biggest asset you could give your STR!

It is my opinion that if you find SFH that breaks even as an LTR after properly allocating for all expenses in Dallas/ft worth area you have done well. 

When I rehabbed the basement I tore out the existing drywall ceiling and added sound-proofing insulation followed by a 5/8" fire-rated drywall thinking that would be enough, but apparently the tenants can hear us walking, the dogs claws (we have hardwoods) as well as the TV.

We’re on the same page about wanting everything well-documented and on paper to protect both of us and maintain a business relationship.

I'd plan to manage it myself, as I know it very well and it's a few blocks away.

This may attract unwanted attention though, I would make sure the property is well secured regardless. 

Search for properties in line with your spending plan and investment objectives.Property analysis: Examine possible single- or multifamily properties to ascertain their overall investment viability as well as their cash flow potential, cap rate, and return on investment (ROI).