To Mike's point, it can also harm your ability to move on with a new partner who probably will not be thrilled to learn that you're still financially involved with your ex... 

The DSCR is a financial metric that measures a property's ability to generate enough income to cover its debt obligations.

Do you think this will impact my ability to rent the property?

Join off-market Facebook groups and local RE investor FB groups to get more local information about potential off-market properties, and find investor-friendly RE agents who are willing to work with you.I would recommend for a first deal at least to get something closer to home, easier to get back and forth to for your own sanity, ability to check on either construction or tenants, address repair and maintenance issues.

However, managing multiple LLCs can mean higher costs and administrative work (separate bank accounts, annual filings, etc.).It depends on your risk tolerance and ability to stay organized.

For many investors, an LLC acting as a Holding Company is going to offer the ability to manage the entity simply and provide limited liability protection.

There are all rules you need to follow and many towns are limiting the ability to do this now.  

The ability to do what you want, when you want, and have money coming in to support that.Things to work on: savings, credit, going to local real estate meetups, listening to podcasts, reading books.

And I do this without parental guarantors. 3) ABILITY TO RAISE RENTSRaising the rent $100/month on a family is a big deal.

. - Americans only first lien 30 year mortgage with 24/7 draw ability 24/7. - The only first lien mortgage in America that recasts interest every time you make a deposit!