If I personally guarantee the mortgage, would that be equal to piercing the corporate veil? 

Geared towards investors, not homeowners, it has a lot of the vital information like how much rent is being collected, expenses, NOI and Cap Rate.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

Videos plus witness equals keep your butt out of a sling. 

Finding a good, reliable contractor is vital.

@Lexi Teifke - As always, the theory like the theory, but in practice is what counts.The internal rate of return hurts my brain just to read the definition, never mind calculating it: internal rate of return on an investment or project is the "annualized effective compounded return rate" or rate of return that sets the net present value of all cash flows (both positive and negative) from the investment equal to zero.

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff. 6.

@Erin McIntoshIf it's anything like here in the 5 boroughs or in Pa, if as an owner you are paying the broker fee which is usually equal to about 1 month's rent, then you are paying that fee to your realtor.

For example, if you have the property deeded to your LLC...and your LLC is owned equally by you and your partner....then Fannie Mae would want you both on that their loan. 

Your first problem is probably keeping the equity equal.