The bank is primarily concerned with the borrower’s creditworthiness, the property's value, and your ability to make payments.Private Lenders: Private lenders are more flexible because they focus on the property’s potential, the borrower’s experience, and the deal itself.

It adds paperwork and costs.As for your concerns, lenders may have reservations, but it varies, so explore different options.

Thanks, great advice.My main concern is that I am not local (about a 2 hour drive to my market area).

Equity/appreciation is less of a concern for me, although it'd be a nice to have. 

At least not at first but the pay off is extremely worth it.

They can still be extremely wasteful and it will have next to no impact on them.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

My concern is, not being able to rent or sell the property in the future due to the Stadium in the backyard and possible Hotel next door.

There is an extremely low success rate going this route.

My concern is exposing my anonymity and other property attached to my LLC since there will  be a correlation with my name to LLC on sale history record?