Yes, you are correct. 

Someone else correct me if I’m wrong.

Keeping them separate is for better bookkeeping, managing the numbers, and when you sell or refinance.The disadvantage is that it will cost you more to have separate LLCs, and it may be more of your time to track.But if the goal is to buy more properties, build the foundation correctly.

For example, they include property amenities in the description instead of assigning the correct boolean value.

From my understanding if 75% of rents cashflow over PITI it actually improves you DTI for approval is this correct assuming have 2 years landlord experience?

If cities had people actually budgeting correctly, maybe we could stop raising the rents every year.

@Jeff StevensonYou really should consult a qualified professional or two, specifically at least attorney.So far, your lender is correct that legal entities, such as LLC's, are not eligble for conforming residential loans. 

@Wayne LeeI don't know the Cincinnati market specifically, but if you're not finding anything that cash flows... you're probably analyzing it correctly. 

When run like a business from the beginning, choosing the right house at the right price and furnishing correctly, then adding the right amenities according to your market, you will do just fine. 

Again, to correct the situation, we issued you a full refund for that month to keep you satisfied.It seems that despite our best intentions, we may not have been the right fit for your needs.