Here there is no such thing as a "Debt to Income" ratio...because your income doesn't matter. 

If I were in your shoes, I would do the following:- set 6 months worth of income aside in a HYSA to save it for a rainy day (this will help shield you if you lose your job, or if something goes horribly awry with your investment properties)- open a Bank on Yourself life insurance policy (this is a specific type of high dividend paying whole life insurance where you can borrow against the cash value in your policy at any time and the money will continue growing as if you never took out a loan.

You may be able to reduce coverage by moving the limits so it is not replacement value.

In the sense that trailers provide low-income people with the possibility to be self-sufficient and at least some asset ownership, I think he would favor them.

In general 10% of valuation in gross annual income.

Upon renewal, I would be willing to drop Person A and only have Person B on the lease (assuming Person B meets your income requirements).If Person C wants to move in, that person would need to go through your standard background check and both tenants would need to approve that person moving in. 

Hello, I was reading the book and was wondering if you can share the link to download the flow chart income/expense. 

Is he required to issue me a 1099 form for rental income for 2023 taxes?

Whereas any income you get from lending your money would be taxed as ordinary income. 

The ownership and use periods do not need to be consecutive.Exceptions to the Two-Year Rule:If you're selling due to a change in employment, health reasons, or other unforeseen circumstances, you may be eligible for a reduced exclusion.In cases of unforeseen circumstances, the IRS may prorate the exclusion based on the time you spent in the home.In your situation, if you sell the property before meeting the two-year ownership and use requirement, you may not qualify for the full exclusion.