None of those types of loans allow LLCs, therefore, that lawyer is incorrect.

Banks are allowed to lend more $ then they have in reserve.

Well....

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

If you don't plan on allowing 4+ cats in your rental in the future you shouldn't start now.

Also, how to get an LVP that will wear well, for cheap?

You HAVE to allow pets.

Yes you can use commission as sourced funds for down payment on a conventional loan.However some lenders have internal overlays that don't allow it.

Project TimelineStart Date: [Insert Start Date].Completion Date: [Insert Completion Date].Working Hours Allowed: [Specify working hours, e.g., 8 AM – 5 PM, Mon – Fri].3.

You have to complete Schedule E if you have rentals.You should check if the turbo tax premier version allows the filing of Schedule E.With that said, using a software like Turbo Tax will assume you to understand what is deductible.If you work with a tax professional, you are more likely to have an accurate return.