Then I cooled down and thought rationally about matter. 

I have just below a 620 and a stellar debit to income ration.  

Forming an LLC for each property may seem extreme to some, but perfectly rational to some.The real cost of owning a property under an LLC as opposed to just buying it under your own name is similar to why people don't feel its wise to do business as a sole proprietor as opposed to an LLC or a corporation.

What does the purchase agreement or Liam agreement say about pro-rations.

The FHA debt to income ration is around 30%: which means you could just qualify for a mortgage of:$20,000/12(months)=$1666.7 income per month x 30% = $500 per month mortgage3.

They are used to rationalize bad deals...and rationalization, or other forms of that word, are the most expensive words in the English dictionary...even with a British accent.

We are all pretty much the same.The variances tend to be rates, down payment required, slight variances in our rations such as DCR, LTV, DTI, required reserves, expenses etc. 

But the "H" badge certainly can't be compared to these European beauties...Now, however, after endless late nights of bigger pocket reading, research and rationalization ("deal analysis", I wanted a little alliteration (sp?))

As that ration decreases the investor's knowledge must increase.

Can someone please guide me on weather or not his concerns are rational?