Another way is to switch your product from 30 year fixed to a 5/1 ARM so now you're taking program or financial risk to arrive at a lower rate such that you can pass this FHA SS rule (5/1 ARM FHA has a lower rate by up to .50% than the 30 year product typically).

Typically 5 units or more are considered commercial.

@Jessica HowellIn the operating agreement we typically put like $1,000 as initial contribution.

What are you talking about.All of the other investor-members above laid out an easy solution for a typical problem and also accurately stated that a lawsuit is unnecessary and won't work. 

@Ricky Hernandez As a Realtor with extensive experience, I typically guide buyers through the process.

That's of course something you could get the PM to do.Regardless, I would expect to spend more time "managing the manager" than in a typical PM-owner situation. 

Hi Kevin, The BP Rent Estimator typically provides the estimated rent for a single unit unless otherwise specified.

Drivers license

Typically lenders for non recourse require the borrower to have a net worth that is equal or greater to the outstanding loan blance, have at least 1 year reserves for debt service and experience and or a track record.

My assumption has been DSCR is the main driver, coming from my institutional experience (larger deals) we usually target a 1.2 and over DSCR.