I recommend using a lender that non-reporting to personal credit and can close under the LLC to keep your DTI lower and overall your personal liability profile more bankable.

I doubt seriously that you are properly reporting income on your tax return. 

Your property manager should be supplying monthly reports and year end PnL reports that you give directly to your CPA. 

And a 6 moths severance package as It was reported on one channel is that correct ? 

Whenever you see reports of a "hot market," you are already too late.

Then what happens is the lender reports your payment history to the credit bureaus and each time hereafter if you ask for another loan and the lender pulls your credit then they are going to see your payment history and whether you made your loan payments or not which will likely influence whether or not they lend you money. 

I own and invest in Birmingham and would be happy to connect to share insights and introduce you to contacts in my network.I also work for a local property management company that serves many out-of-state investors.If you come across any properties, I’d be happy to provide rental analysis reports based on comparable rentals to help you evaluate potential investments.Looking forward to connecting!

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Docs included are inspection report, house canary value report, insurance quote, but no disclosure form.

Reporting the proceeds you pay to seller on a 1099 sounds reasonable.