Michael, I regret that this is happening to you but I think you need to get past chasing rent for this month and realize that there's only one way this ends.

From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  

And then we have to realize that there are people who actually approve of all those things you mention....I know, how could anyone embrace those policies?

Owners shop fees in the beginning, but once you're seasoned, you realize fees are usually about the same, and it's really process, procedure, culture, and communication that you're hiring. 

But what it's really doing is making me a better business person. 

You are still personally guaranteeing the loan.And you did the right thing by putting the assets into an entity, especially if there is equity.

@Justin Landesman I just realized you're in Los Angeles.

We can close under a personal name, but most chose the LLC option.

I realize a lot has to be worked out, but tokenization through blockchain eliminates a lot of legal documentation issues once established.  

Or can you still run everything through your personal return (just want to make sure that I can deduct things such as HOA fees which I can do if it is a rental).2) If I do decide to run everything thru my personal tax return (save on LLC fees), should I at the least set up a separate bank account to track costs separately?