Furthermore, if your concern is the quality of the tenant pool why not forgo the credit score requirement instead of DTI.

I would need to buy 3.5 more single family rentals (of the same CoCR performance) in order to match the income forgoing a mortgage. 

Her response was that I would be charged for the full month of march rent ($1,800.00), a reletting fee($1,800.00), and forgo collecting my deposit($1,800.00) + advertising cost and fees(Dollar unknown).

They found me a policy on my 8 plex on West Colfax that I had trouble insuring (not in the mountains, but harder than any of my mountain properties to get a policy for, go figure).

Not to make it an Eminem song, but you only have one shot on this space ball we're all on!

Plus the yearly filings of taxes.I would forgo the LLC route even though your homes are worth $1M.

Every day your house isn't listed thats a day you forgo potentially getting your asking price. 

I don't spend anywhere near that much time.Personally, I would forgo all partners and move forward on my own if it was an option.

There is simply no substitute for going there yourself and driving through (and walking) through the area.

Short term rentals are a lot of work, so if you want more freedom, do a long term rental.Having a house that is paid for goes a long way to financial freedom.