@Matthew Drouin had a great reply:"Typically 50% of revenue is going to go right to operating expenses on small multi family. 

Lenders will want to see the filed Articles of Organization, an Operating Agreement that you can get from your attorney or, if you're brave and it's just you on the LLC, some people use Legal Zoom or Law Depot.

This approach has not only improved our operational efficiency but also helped us stay on top of opportunities without getting bogged down by the details.Have any of you tried alternative strategies or found other methods that work even better?

I would set up calls and then sit in and listen, every day, typically a few times a day for around 6 months.

My brokerage sends a weekly rate sheet for typical debt sources for multifamily and commercial assets (bank, agency, cmbs).

It has been operating for 2 months now.

Typically, a rating of A- or better is a very strong company.

These repairs are through a contracting company owned and operated by the PM. 

Savings: Hold the deposit here so it's separate from operating funds.

You also need the operating cash to do rehab.I say this because you mention FHA and low money.