It might because they don't want any random person just setup a property management software to make it look legit and using it to scam people (tenants)

I say "may" because while I have read about this in several places, I have not personally verified this to be true.I usually pay contractors by check the minute the work is finished and approved.  

I don't know if they still do it but if memory serves a few years ago TD Bank would do a HELOC on a rental in second position but only if it was titled in someone's personal name. 

The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business. 

I personally feel landlording in Indianapolis is pretty easy as far as restrictions go.  

I have other HELOCs that were much easier to get both personally and professionally.

- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.

I personally would rather just continue with the second bank, why go back to the first one.

Try reaching out to this person and tell them you’ll gladly go through this process when your renewal date comes up, but you should be allowed to continue operating. riley boesiger at sanantonio.gov

Now the tenant may have a legitimate personal injury claim and more.3) "Citing Renters Insurance declined coverage"- So, tenant has Renters Insurance?