I think it’ll allow me to vet a property mgmt company better in the future.  

I wonder if the base over flow will continue into the future?

Would that dynamic be possible in the future?

I would not move forward with it.What is the exit plan and what happens if your partner in the future disagrees?

Yes, but that doesn't make it bad if it unlocks future profits for you.  

Knowing their investment incentives can provide valuable insights for future capital-raising endeavors.

Unless they allow future rental income to count towards the DTI calculation.

Take the time to educate yourself from MORE than just one source before you risk your life savings and your financial future.

That is  how you protect yourself from liability exposure, not by forming an LLC.I also assumed this loan from 2 years ago and have it at 3.5% so I don’t think refinancing will be in my future anytime soon.

We know we could apply for a zoning change, but that process could/would take months and we are beyond ready to move onto our next investment.Has anyone else come across problems like this, where the lender is going down a rabbit hole and denying funds because of something that could possibly happen in the future?