When structuring a deal, what might work for one person, may not work for the other.

If not from the person in office, then definitely from the person running against them.

Who is personally going to be liable if the guarantees aren't met?

Raising your credit score will get you far better rates personally as well as with private lenders for your LLC. 

I personally would never invest somewhere that could outlaw rentals.

One-person rental units are in the highest demand, and co-living directly appeals to this market.

They paid their portion of the rent.I have found a lot of investors bring their personal or political feelings into the investing conversation. 

With a Conventional Loan you can buy a SFH, Duplex, Triplex or Quadplex with as little as 5% Down if it is your primary residence as long as you have the intention of occupying one of the units for 1 year after closing escrow.This is the strategy I have personally implemented and have assisted many of my investor clients in doing the same. 20% Down is also beneficial as it keeps your payment low but it does limit your ability of buying more real estate faster.i would be more than happy to discuss the different strategies with you over the phone or in person.

You'll want to put together a personal financial statement (basically lists of all your assets and liabilities) and have your tax returns ready.

It actually says “Loans to Partner (or persons related to Partners)”.