There are good tenants out there, so maybe raise your income guidelines to 3.5 times rent and find one with a little more capacity to catch up.

The only reason I am taking on this deal is that my partner will be managing and rehabbing the unit to its full capacity.

Most states won't let you get the license until you are 18 as you need the capacity to contract. 

For clarity; as with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the SAME individuals in an official capacity (e.g.

What's limiting RedfinNow's growth and slowing our ability to sell the homes we've already bought is our renovations capacity.

Have you bought your first property, and in what capacity?

In all likely hood (99.99% certain) , zoning required the Private Waste Treatment Facility, because existing Public Sewer is near or at capacity in that area.So the real and only answer to your question is "Go contact the zoning board" No one else will be able to give you the answer.

State that X person (usually a Member, Manager or Officer, but not always) is authorized, in that capacity, to execute all documents and instruments necessary to effectuate acquisitions/transfers of properties in which the LLC is engaging or involved.

I can see myself doing this for a long time in the capacity as an investor.

@Jingwen Dunford - Why would you prefer signing a real estate contract for a 50 unit property in your individual capacity rather than using a SPE from the beginning?