If the development is owned as part of a corporation, LLC or other entity, then articles of incorporation, bylaws or other authorizing document stating the person authorized to sign on behalf of the entity is required.

Also, to be successful in corporate world, you can always move up or move out. and keep climbing the ladder.

This can certainly change your model.Also, for those house hacking and wanting to incorporate a short-term rental or Airbnb in one of the rooms, you should know what your STR laws are in that city.What's next?

I have a couple of VAs doing tasks for me, and I'm always looking for new ways to incorporate them.

Any chance the agent is confused and the bank is just asking for articles of incorporation?

Just have one operating account for all 25. as long as you can incorporate software that lists the expenses for each property like a quick books.  

The authorizing documents (Articles of Incorporation, or similar) that create the entity are recorded along with the other Governing Documents of the Association, such as By-Laws, Declaration, Plot Map, and House Rules with your State or County the same as Mortgages and Deeds.

And I am planning on the rehab cost being a big ticket item, a figure that I need to incorporate into my proposal. 

I know I need:Articles of Incorporation Operating Agreement Loan Contract (Unless the lender provides one)but what other documents solidify my chances of being successful when applying for a Hard Money or Private Loan?

I am curious, if an asset has a stabilized (above 85%) occupancy, and when purchasing it, the business plan incorporates CapEx for the interiors and exterior as part of a value-add business plan for a 100+ unit apartment, would it be likely to receive longer term agency loan?