It discourages new landlords from entering the market and limits the ability of existing landlords to adjust rents to match rising maintenance and operational costs.

It's clear from your post, and the limited information you put in there, that you are out ahead of your skis here.

Holding EXEMPT (from bankruptcy forfeiture) assets, holding assets in exempt entities (retirement accounts, pensions, IRAs, in some states insurance and annuities), homestead exemption, remote entity protection (LLC, Serial LLC, Corporations, Limited Partnerships,) Asset Protection Trusts, using separation of assets for married individuals (in certain states) charitable remainder trust, etc. can be very effective though can be costly. 

It works anywhere within Seattle city limits. 

In my limited experience, HML may not care too much about your credit but they will care about your, presumed, lack of experience.  

I know many think I'm too strong and idealistic on this stance, but it's how I feel - I can't give my money to someone who has no or very limited consequences personally if the investment goes south.- Because of these incentives, only integrity and care for one's long-term reputation hold syndicators back from just raising as much as possible, as often as possible, and deploying the capital as fast as possible.

You really want unbiased investor advice so I would focus more on the responses that are from investors (or anyone) living in one area in their bio, but telling you about another area that the invest in where they have no vested interest.It's not to say that all agents are spamming, most is pretty reliable advice on their area, but it's still to be considered with a grain of salt.You are giving everyone too wide a scope to help you - anywhere in the US, and then limited to the Midwest (huge), and others.

I know certain areas where I live are limiting those types of permits, etc.

Using a Self-Directed IRA (SDIRA) allows pre-tax dollars to grow tax-deferred in real estate, but limits flexibility due to IRS rules and potential UBIT on leveraged properties.Investing through a Roth IRA offers tax-free growth and no RMDs, but funding limits and restrictions apply.

The DSCR is a financial metric that measures a property's ability to generate enough income to cover its debt obligations.