Some quick thoughts on analyzing rental properties in NH (assuming your goal is achieving cash flow, if it is not, then disregard):- If you are putting 25% down, 90% of single-family properties and condos are not going to cash flow any amount that justifies doing the deal and spending your time on it.

Disregard anything they tell you and be suspicious about everything

I don't think the LLC on your tax return matters for convincing the bank, if it's a rental property then it should be reported on Sch E and the LLC is disregarded for tax purposes.  

Although many prospects who approach my firm already have made an S election for their new business, in general, I advise current clients who start a new or side business to start it as a disregarded entity (if single owner) or partnership (if multi-owner) to keep things streamlined until we have the data points to make a more informed decision regarding a S or C election. 

If its just you, then you have a single member LLC which by default at the Federal level is a disregarded entity meaning you don't file a separate return. 

They too have chosen to disregard the position of the HCD.GOVERNMENT CODE SECTION 65852.2.

Hi Jacob,It's probably not reasonable wear and tear, but it looks like a typical accident with this type of flooring.In many instances just the problem tiles can be cut out and replacements re-glued down.A good maintenance tech (with the proper type of floor in place already) should be able to fix this quickly.An owner doing it:a) Might not care much and disregard it.b) Freak out and want to charge you for a whole new floor replacement, not understanding tiles (in most instances) can be changed out if broken.c) call a fix up handyman who will charge time and materials (however long he takes to fix it using his own favorite method of fixing).and if it's a property managed either a), or c) but add to c) a (possibly) charge for the mangers time handling it too.The Click Lock type of flooring may take more time and effort (cost) to fix than the Tape or Glue Down.If the place is the Taj Mahal it will probably be more noticeable than if the place is more down on it's heels.And fixing means being able to get a matching piece (typically from extra ordered when it was installed, to use for just this purpose).If you are renting in a big professionally manged complex it's likely they will have spare tiles in storage for this use, and be VERY much used to replacing them.Here is one of the easier (quicker) types to fix.https://www.youtube.com/watch?

Not to disregard the current pandemic, I truly hope all are staying safe and healthy during this time, but -Given the economic effects of this, we are surely headed for a recession, and I want to be ready for the deals if/when they come.

Unfortunately, business owners seemingly disregard this basic principle to the greatest extent possible.As a commercial lender in today's age, I have the privilege of being able to see it all. 

But if your LLC is disregarded, I don't really sea the tax advantage of it as it all come back to the same tax return anyway.