If you read all of this I'd really appreciate some candid feedback.I live in Snohomish County, I'm a Navy Veteran, have a stable W-2 making about 80K/yr after taxes, and have a modest amount in savings.

I do see how the knowledge could likely save me the equivalent in mistakes but none of us have a crystal ball.

If it wasn't for me having enough savings, I don't think I would be where I am at today.

It would have saved me a lot of time. 

But it would give you time to save up for the 20% on a refinance in 2 years or give you the ability to use any equity gained to refinance in 2 years.

Not one member has ever said an LLC saved them when a standard insurance policy.

I hope you're working on saving up some of your own cash since you will need that to buy more property.

A landlord friendly state won't save you from a bad deal.Not trying to be discouraging, just realistic. 

Additionally, I have one savings account for reserves for all my properties, which I add to every month. 

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).