If I leave this amount in Sch-E, I get taxed at ordinary income tax rate at Federal and State level, which along with my regular W2 income can be substantial.

If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay! 

For Non-Admitted carriers, the important item to then pay attention to is the AM Best rating (or equivalent rating agency).

Focus on having a budget and having a strong financial base Thanks!

If you've owned for at least that, you're good.If you do a rate/term refinance, where just the hard money balance is paid off, rates will be much better.

U.S. based LLC.

I am seeing interest rates start in the mid 6% range for foreign nationals here in Florida.

(i.e. initial decorating and painting, bookings, rate structures, marketing, bookkeeping housekeeping, etc)? 

No - absolute max for DSCR is 85% LTV and that is extremely rare and typically not workable in this rate environment anyways.Standard/common max is 80% (acquisition and rate-term refinances) and 75% Cash-Out Refis

It even gave suggestions on what I could improve based on what my competition is offering.Link to the operator in action is here https://drive.google.com/file/d/1C1uTqgWGfs3AMsUdDWd0FOTbVFM...Quick tip: don’t pay the $200 for this just yet.