If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Stucco, no decks, I’m renting individual rooms, 10min away from my house, easy maintenance.

Crazy but true.Here’s a CSLB chart, if you go the individual and homeowner verification route, you’re gonna need a lot of supporting evidence of competence and testimony from who you worked for etc.  

For individuals that qualify for this, they can use their rental property losses to offset their active income.

You have not done real estate deals in the past as a group or also individually?

I like that you’re driven and really want to surround myself with likeminded individuals. 

A Beneficial Owner is an individual who either directly or indirectly owns or controls a company.

As a landlord, I've great respect this individual and have treated him very well.

I tried reasoning with that individual as well but similar to you, seems adamant this strategy works.

For example, in 2024, as a single individual, you make less than $146,000 MAGI, you can make a full contribution to the Roth, $230,000 if married filing a joint return.