In that case, you have to break down the rents vs. liabilities, show that the mechanicals, roof and everything is in good shape or have reasonable repair costs laid out, you need to know the appreciation potential, and the comps.

I have plenty of clients who 'make' enough and would have no trouble qualifying, but there is a benefit to keeping liability off of yourself and funneling your debt, et al. through the asset itself.Plus, if you keep it at 1-4 units, most DSCR lenders would still qualify that as "single-family" so you would still be eligible for 80% leverage on purchases and 75% (or sometimes 80%) on refinances. 

The agent doesn't want to mention anything for fear of liability. 

Quick question how do you reduce your tax liability to the lowest possible amount while still maintaining a decent amount of loan eligible income banks will use for financing.

While an LLC isn't required, you should consider having it for liability protection.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

This would cover your biggest risk, which is liability lawsuit if someone is injured on the trampoline.Regarding the shed, was it installed in compliance with all local municipality statutes?

After being removed from the Company, the withdrawing Member shall be unequivocally released from any legal or financial liability that is related to the Company unless otherwise agreed upon."2) We would like the building/LLC to transfer to my Trust in the event of my husband and my passing.

It could beat the market or it could just be a liability. 

This eliminates the capital gain that occurred between the original purchase of the asset and the heir’s acquisition, reducing the heir’s tax liability.2) Do a full analysis of the rental in TODAY's numbersSet aside that you've lived there and other close ties and emotions.