But that is why the IRS requires the use of the unrelated party Qualified Intermediary. 

Most hard money loans are personally guaranteed, which means you will take the loan out in your LLC, buy you will qualify with your personal credit. 

My business is too nascent to qualify with standard funding.

Lean on your real estate agent to help you if you're out of town but set some guidelines for what qualifies your tenant outside of pets/no pets.

Can I use two 50k properties to qualify?

@Ben StanleyI would assume you get zero revenue from anyone else and be able to afford the home yourself by getting qualified at a local lenderIf you are solely relying on someone else as well without a reserve your level of risk just increased significantly

The problem was that the borrower wasn't that qualified, so the broker really didn't have any good options to offer, so they just kept throwing up roadblocks in front of the seller until they finally through one up they couldn't meet (Like wanting 25% down, when that was never a condition up front.)  

Lenders will not consider your personal DTI to qualify.

My quick google search shows a 30 day non-renewal notice requirement in Oregon, and the possibility that tenant would qualify for Mandatory Renter Relocation Assistance Ordinance, whatever that is.Assuming tenant leaves, you can then move into their unit (if you want), and lease out the one you left.  

It is their passion, make very good money, which allows them to easily qualify for loans going forward.I will say that networking in college is extremely important.