The underwriter will just want to verify that you won't live in the property you are planning to purchase.

My boyfriend and I plan to move to Carbondale, Illinois at the beginning of next year.

Legitimate, in this case, means that the entity is part of an overall business investment strategy whereby you have a business plan, tax returns, and the funds you seek are for further business expansion.If, however, the LLC is a stand alone entity, is not profitable, or is not legitimate, then your probably better off putting into your personal name and securing funding that way, or still talking to local or regional banks to see if they have any loan programs available where you might be able to secure financing.

I am drafting the lease and planning to take it with me to closing, where we will be executing the document.

Honestly, Tampa checks all the boxes for cash flow, appreciation, and long-term growth, so let me know if you need more specifics or help with a plan!

Nathan is right regarding timelines, need to plan for 60 days for anything you want.

Do you think that sounds like a good plan? 

It takes time but worth it.How do you plan to finance your first property—are you looking at traditional loans, or have you considered other options like house hacking?

Do you plan to live there forever?

I even identified a viable property to do this already, but may not have my ducks in line yet to execute with a group.If I can get a fund going, I plan to scale it and do more of these projects since I have the blue print to do this over and over, but just need cash.