Must have read it before my coffee kicked in...

It is a 100% pain to get a loan self employed3) Would not be an issues.

Nothing fancy, but coffee and solid breakfast sandwiches. 

If you're going to be an MTR host and want to target traveling nurses, you're going to have to deal with contract changes.

The reason I’m looking into using llc is because it’s a commercial property with 5 units so there is significantly more liability with tenants and their customers and if there ever was a lawsuit I’d like there to be an llc.

If you can't do that, don't be an REI.  

So, as always, consult a Loan Officer experienced in this space to learn if one loan product will fit you better…but in many cases FHA cannot even be an option since that self-sufficiency rule exists.Why did Fannie Mae make this change?

So it will be an education for me to track expenses for this property over the next few years.  

"It is not legal to divide an existing dwelling unit into separated living spaces, thereby creating new dwelling units, without first obtaining DOB work permits,"  That would be an illegal conversion and can result in violations and other enforcement actions.

Although it seems like again the income locking situation would be an issue as all properties are going to use bank accounts under the LLC and the LLC is going to have all of its accounts locked by opposing counsel until the owner could get it released by the court to some partial extent- possibly???