@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. 

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.

If they are so easy to rent, then why are they vacant.If we look at it strictly on a numbers perspective and we assume everything you said was correct, we'd have $93,600 of stabilized revenue.

By my calculations and I, correct me if I am wrong, but if those accounts grow by 7% per year on average and we stop contributing that $500K will turn into about $1.9M in 20 years when I can start pulling it out.

And of course I want it to be a multi family property so no matter what the scenario is, I can always have the other units rented out correct?

The nice thing about a multiplex, when managing it correctly, when one unit is vacant the building should still be bringing in cash. 

That is correct @J Scott as my entire business model is based off your books.  

If your prediction is correct, a 12 month wait may produce much fruit. 

You have things done correctly right now with only a few changes.