I know that this is not a get-rich-quick solution, but a proven strategy that works when implemented with diligent time and effort. 

Still learning all I can about different strategies and how I can implement them to create my own portfolio.

Showing them that you know what you're talking about, you've identified the risks, and that you're prepared to go forward to implement a solid plan will give your stakeholders a little bit more of a warm and fuzzy on your behalf.Hope that helps.

I've read that Chase implemented a 30 day short sale evaluation policy as of late 2015.  

50% rule means your expenses should run about 50% of your income (and it will when you implement the proper operations). $495 x 6 x 12 = $35,640 gross income. subtract 5% vacancy and your effective income is $33,858.

For a multi-member LLC, your only choices are partnership or corporation.Which you choose depends upon the investment strategy your LLC implements.  

I'll implement in a A/B testing and see if that makes the difference.

I professionally manage an HOA and before I may fine someone I am required to notify the owner of the possibility and give them a certain amount of time to fix the problem before a fine can be implemented.

I sold my condo in Irving park partly because the HOA implemented a rule a year after i moved in that limited rentals and therefore i could not rent it out.

Knowing what you are working with and what you plan to accomplish find a REI strategy that will allow you to meet your first goal milestone and implement it.