Here are the numbers:Purchase price: 300k @5.5% (might be able to negotiate new exterior paint job credit)Monthly costs: mortgage- 1703 tax-245 (2933/yr) insurance- 167Market rents are 1600$ easy for both sides as is but currently being rented at 1410 and 1325 tenets pay all utilities (separately metered)Planning on putting aside 20% of rents for Maint, vacancy, capex and will be self managing property.

I'm in the same boat, I've been happily using Stessa for a couple years and recently I'm having connection problems and they're not connecting with mortgage companies that are buying out my loans.

I've seen everything from a lender using the highest middle mortgage FICO score of the LLC members (as long as the guarantor owns at least 20% of the LLC).

We just have to hope mortgage rates decline a little bit in 2025 while the supply does not drop so that we can have more home sales in 2025 compared to 2024.

I understand that if I rent this ADU out, then I can have a tax write off on the mortgage payment and insurance payment for the the ADU's sqft portion.

I decided to keep the house and rent it out, currently I’m out of pocket almost $1300 to cover for mortgage. 

Last week I made a post about getting a US mortgage as a US citizen who lives abroad (https://www.biggerpockets.com/forums/49/topics/1219693-getti...).

If you sell property 1 you’re basically paying off a 3% mortgage.

Could you elaborate on how not having a balance sheet would affect an 18 door SMLLC with no mortgages. 

None of these originators are allowed to assess you as a higher risk because you paid off a mortgage early.