So, successful agreements (those that “stand up” when tested in court) have the spouse without the assets receiving a significant lump sum in event of divorce,For smaller sums of money/assets alternatives to prenuptial agreements may serve the purpose best.  

What are cost and time effort for setting up an LLC for REI purposes? 

Quote from @Robert Quiroz: Hello All,I will have around $1M in capital that I'm looking to generate 8-10% CoC returns for the purpose of replacing active income. 

I have since transitioned to Baselane for my banking and bookkeeping purposes.

For illustration purposes if I were given the opportunity to finance my construction projects at 8O% LTC full recourse or 70% partial recourse I will select the higher levered recourse option because have confidence in my projects knowing the debt is sub 60% LTV and want the benefit of leverage. 

Some I found out the purpose from neighbors, others I just plain didn't want to know.Yes, I removed them during the reno, not sure how many new buyers would find that an asset...?

The problem is, airbnb income is not considered "stable" so for qualifying purposes there isn't a way to project that accurately if there isn't any previous rental history for the property. 

For your other investment, unfortunately we have to go by what’s reported on your tax return (net, not gross), so if you took a “loss” then there is no income to use for underwriting purposes.

., but also fortunate that your borrower didn’t contest your business-purpose loan as being for a consumer purpose.

Quote from @Adam Bartomeo: Quote from @Jay Hinrichs: U also are fighting all the investor who flooded int to build new homes for rental purposes so OVER supply.. and we know a ton of those got stuck with bad builders and are being worked out so supply is going to keep coming in ..