What I don't like is seeing the removal of peoples options and freedoms to self select and engage in what they want to do. 

Like Jay said, there can be more flexibility in repayment options. 

Question 2: if homes upside down on mortgage what are my options?

If that doesn’t work, then on to another option.

For investors looking to maximize returns while managing risk, here’s why this type of deal stands out compared to Treasuries.Treasuries: Safety with Limited UpsideTreasuries are an attractive option for those seeking safety, especially short-term bonds with maturities of one year or less.

My lender is suggesting me to buy property under my name and then transfer it to LLC later as there are not many financing options available for LLC.

Okay, I think co-signing could potentially be an option in the future.

Credit is a factor as bad credit may limit options, or may have the lender require you to put 10 or 20 years of taxes and insurance into escrow. 

Have you explored any of these options yet?

My budget will be around $200k but I’m meeting with a lender on Tuesday to go over all of my options.