Purley asset-based lenders are most likely going to be hard money lenders whose rates are typically going to be much higher.

In some older neighborhoods especially historic districts, the tenants look for older houses - they preferred the art deco bathroom tiles, the thick plaster & lath walls over granite countertops and stainless steel appliances.but class D neighborhoods are easiest to tell. 

If I have several options, I would prefer a HELOC with no initial draw requirements (i.e. to establish a literal line of credit that I have no specific short term plans to use), i.e. not something like the better.com HELOC. 

A 50% decline in asset value would result in a $10,000 loss, double the loss of the unleveraged asset.  

I am also a licensed EMT, and would love to provide housing for travel nurses, contractors, etc. in that realm since I can relate to them in previous jobs that I've had.I'm looking to invest in these states preferably: Georgia (1st choice - preferably near or south of ATL or in/near Savannah), Alabama, South or North Carolina, and Florida.

I prefer Old Brooklyn, Cleveland heights, Euclid, edgewater, etc. 

I'd talk to brokers in your specific asset class and market.Do you already own similar assets?

It seems like keeping separate insurance policies is the preferred way to go while being added as Additional Interest on the tenants renter's insurance policy in order to be notified of any changes to their policy.What is the argument for a landlord being added as Additional Insured on a tenant's renter's insurance as opposed to Additional Interest?   

What I know is that for doing tangible real estate projects, a Spanish SL is needed as a working entity that holds the asset on its balance.

For a purchase generally application would be to review an ID, asset statements, and LLC docs if neccesary.