We have a minimum income requirement to qualify for this unit (4 times monthly rent); based on your email, it appears you meet that qualification.

This group is an incredible collection of midterm rental hosts who support one another by offering advice and suggestions, being a sounding board for each other, offering mentorship and collaboration opportunities and share our respective networks.

Here’s an example of what I've used if they don't qualify based on what's on application. 

In any event you can see what the SEC thinks of modernization here:https://www.sec.gov/news/press...I have read of late that small family offices can pool non-accredited investor money to qualify that entity as an accredited investor. 

As long as the rents can cover both the current PITI and proposed P&I payment, credit is at least 680. you should be able to qualify. 

A borrower really needs to have at least some "skin in the game" to make lenders feel comfortable.

For example, would a temporary work visa qualify?

Several ways to skin that cat  ;)    With the DSCR lender, you could close directly in your LLC and it would not report to credit.

He has been alongside me on the other deals so I’d like to give him equity/skin in the game and I don’t know how else to do itQuote from @Basit Siddiqi: Getting a property with a partner / friend will not help you from getting hosed on taxes.I wouldn't move forward - You mentioned beng a high income earner so your hourly rate is very high.

This not only defers the taxes on the two rental properties but then once they live in the primary residence for at least 2 years that home now qualifies for the Section 121 exclusion on the gain.