Most banks don't really know how to do that because they cater to SFH owner-occupants. 

Go to small local/regional banks NOT national ones.

He is very good about deductions on tax returns so his income looks negligible and of course banks wont talk to him about loans.

There's no strings attached thereafter or need to agree to ongoing PM services.

Those willing to go beyond that could be good partners for real estate investors.Traditional banks/Local Banks and non-bank lenders - If they are a portfolio lender, meaning they actually hold on to the loan and don't just collect your payment, then they have the ability to be flexible.

We are more likely to simply reduce our asking rent than offer a concession.FWIW, I did not read the attached article.

I think the LLC also makes it easier to open a local bank account, which is convenient to pay utilities or other local bills or your property manager, etc.  

I bout one in 2019 and it has turned into a gem for me, but at the time, it would not have been 1.25 1.25x is a very common DSCR for a bank.

You might find a local credit union or community bank that will go to 95 -100%.At one point I called 2 different VA Regional Loan Centers regarding this section in the VA lenders handbook:Assumability - The second mortgage should not restrict theVeteran’s ability to sell the property any more thanthe VA first mortgage.

Local banks and smaller credit unions are most aggressive in this space.