As @Kevin Dureiko stated, LLC's play a large role in your business if you're trying to obtain commercial financing vs personal financing.

So, I've seen a lot of info on the drawbacks of using a S-Corp to hold your properties. LLCs seem to be the more recommended entity to use. But, it seems by themselves they too can have gaps in an overall Asset strate...

I don't mean to be rude, but that is the same excuse people use to get out of exercising...  

There is a date that you have to exercise the Purchase by (usually).

My take is that there's still a very important role they can play in the transaction, just maybe quite a bit different that it used to be, and certainly different roles for different types of buyers. 

The information came directly from a bank (not sure what the role of the banker was).I'm very skeptical, given the prominent use of "primary residence" all over the rules I've seen--though I can imagine some smaller banks that don't sell off their loans might be willing to allow it.Does anyone have any solid experience/evidence on one side or the other?

There are plenty of great buyers agents on here, but it's also on the investor to play a role and understand the market.

I think this was a good exercise to try on the BP Calculator either way.

In hotter markets, sellers are providing T-3 or T-6 P&Ls but caution has to be exercised as owners can be dressing up their properties.

Some anchors in a center such as a Starbucks or a Davita Dialysis will do the 10 years.The small operators like to keep flexibility to move so they like shorter term leases generally with the flexibility to exercise the options or not.What are the rents being paid for base per sq ft?