Ryan's files are non-owner-occupied: rentals, second homes, and short-term rental properties. Qualifying often rests on the property's income rather than a pay stub, which changes what documents matter.
He walks through how underwriting treats projected rental income against actual rental history, and how each is evidenced. Where local permit rules decide whether a short-term rental is allowed at all, that check comes before the loan conversation.
The intake sheet he uses prices management, vacancy, and maintenance into the numbers, so a property is measured at realistic occupancy rather than a full calendar.
A rental that only works at full occupancy has not been measured yet.
A fictional profile, written to show how an investment lending page reads. No licence identifier appears here, because inventing one in a real registry's format could collide with a working loan officer's record.