When we felt uncomfortable with this, and asked them to process a section 8 prospective tenant, they say they wont work with section 8 applicants because housing authority will pay the rent directly to the owner.

Are you trying to build up credit for the LLC so it can borrow directly without your DTI and use only the LLCs?

Even though we did not get a direct hit we encountered a storm surge that reached 5 to 8 feet in some area.

Hey Chad - a lot of moving parts on this deal but hopefully I can help point you in the right direction. 

Might be able to pump it up out of the basement entirely if you are creative. 

It certainly is possible (private loans, partnerships, syndications, creative financing, etc).

There is some helpful items overall about eviction in this guide from MSU that I recommend you keep on hand as a helpful resource if you're going to self manage, but since the daughter is not on the lease, this guide doesn't directly address that issue.

You don't want to disclose that you've conducted an extensive personal investigation into her situation, especially if you’ve gathered information not directly from the application process.

Then of course there's the IRS this is a exert directly from the site: Federal law requires U.S. citizens and resident aliens to report any worldwide income, including income from foreign trusts and foreign bank and securities accounts.

I am looking to purchase a few rentals properties on deals that came in through my direct seller marketing.