Or would I be ok with another rental and enjoy the income..Would like to know from people who did their own development and was it a game changer to their business profits?

The best way to win is staying in the game the longest. 

Been in the game for just over 2 years.

It's not a game changer, but a strong concession can level the playing field a bit.

DSCR loans have MANY variables that can impact eligibility and those variables all vary from lender to lender.

You probably recoup the 5k in ARV, but Old North Milwaukee is an economically challenge neighborhood, so manage your expectations.Avoiding frequent turnover, tenants who don't pay, damage property or cause other issues is the name of the game to achive long term profitability.

This process usually takes me about a week and then the move-in date varies from about 1 week usually to the end of the month.

Hey Marc,First, I would need to know the goals of this LLC, as operating agreements vary widely in purpose. 

Reserve requirements vary greatly from lender to lender but you have to acceptable reserves of some sort as well.Lastly, keep in mind, many lenders will not consider managing properties where you are not on title as experience. 

I think the investor-focused agent is one that understands investor needs vs. buying a primary home- very different ball games I think.