For the LLC, talk to an attorney and your tax person.

Now, with taxes, insurance, and interest higher and rents not keeping up with property values, most investors are putting more down to get the properties above a 1.0X DSCR. 80% is acceptable, but the issue is getting the property to cash flow at the higher amount. 

The deal was contingent upon 60 day due diligence and a clean Phase 1 environmental assessment.

Then I would have a little more equity and like you said at that point it would be a loan against an investment property which is tax deductible right? 

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.

Property Taxes 11,000 yrly, insurance 4930 yrly.It falls short of the 1% and 20% rule.

I am not a tax expert, but here are my thoughts. 

Also I have seen a few listed due to divorce....I wonder how the STR strained their marriage.

We also have pretty high property tax bills (around 2% of the purchase price/property value) that eat into a lot of the rental income. 

If not again you would be better off buying your own home and having enough yard/space for all of them but 13 is still way to many dogs unless you live on a farm or own acres of land.I have worked in the banking business and have seen people lose their homes that they rent due to landlords kicking them out with very little warning due to breach of contract or a No pet rule.