- Loss of historical data (for both IRS audits and for personal portfolio tracking.)You should be able to print the general ledger and Balance sheet / income statement for each period.

But what it's really doing is making me a better business person. 

I personally leverage, but have a large rainy day fund. 

The flippers we personally work with in California have not run into this issue (as far as I'm aware).

Personally, remitting myself makes sure I dive deep on numbers.

Living in one unit and renting out the others allows you to deduct 75% of expenses like mortgage interest, property taxes, insurance, and shared repairs as rental expenses, while the remaining 25% applies to personal use.

The Landlord will verify that the rental is empty of all personal belongings and trash and that there is no damage beyond ordinary wear and tear. 

Hey @Logan Barwick, I personally like option 1, but this depends on what your strategy is to grow your real estate portfolio.

Quote from @John Friendas: As a person with an average salary, I was wondering what the maximum amount of DSCR loans a lender would give out would look like?

Lots of loan options can close in an LLC, helocs usually need to close in your personal name.