Are you referring to private money specifically as like an individual person investor or also including real lending companies like Hard Money Lenders / Private Lenders? 

They would happily give the loan to us as individuals, but couldn't do it the way we needed.If anyone has a bank contact they could connect me with, that would be great.

I'm eager to learn from those who have already navigated the challenges and opportunities of multi-family investing, and I'm equally excited to collaborate with others who are just starting on this path.One of my main goals is to find a team of like-minded individuals where I can contribute my skills and knowledge while also learning from others.

Eventually, once the units have appreciated a bit and the mortgage has been paid down to the point we have 20% equity, we split the parcels into individual town homes and then she refinances her unit out and I refinance the three units out or sell them. 

But, I am not an agent, so I don't know what the rules are.I do know from the Arizona Bar conversation, when I called them, it's illegal in Arizona to fill out legal forms for a fee, in Arizona, unless you are an attorney, real estate agent or other appropriately licensed individual.

Then have that S Corp own individual LLCs for each multi-family.

It's a 3 bedroom 2 floor house so I figured individual renters is not what to go for.

The last information I saw reflected it limiting the individual investor to a max of 90 days per year allowed to do STR on a property that is not their primary residence.

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

Check that the information is accurate, then try again.There are many websites where individuals can purchase fake credit reports, pay stubs, letters of hire, etc.