Hi Stacie, Have you looked inot DSCR loans?

Someone else just told me a similar thing, to make sure that loans can be secured for the property. 

Our issue is income on papers too low to qualify for the an FHA or traditional loan.

It is a small town, definitely a tertiary market right now, but that is where opportunity is going to be found.I think LTR, in the right location, can provide enough revenue annually to cover all holding and leverage costs while the resident pays down the principle and the demand in the city sustains slow and steady appreciation. 

On the llc side I will rent the property that I purchased from myself, and provide myself some protection of my primary residence.

More on DSCR loans: DSCR loans won't use your income to underwrite the loan. 

I provided washer and dryer, and upon move out, realized the washing machine was completely different. 

@Caleb Genry I am late to the party on this, but would greatly appreciate the spreadsheet/log if you are willing to provide it. 

That is usually how they determine your LTV (Loan To Value).1.

Remodeling costs increase the property’s basis, while post-rental repairs are deductible expenses in the year incurred.An LLC isn’t necessary for a single rental but can provide liability protection as your portfolio grows.