Do you have any rust issue?

I have some acquaintances that have wrapped DSCR Loans without any issues.

Typical renovations include:Cosmetic Updates: Painting, flooring, kitchen and bathroom upgrades, and landscaping.Structural Repairs: Fixing any underlying issues such as foundation repairs, plumbing, or electrical updates.Efficiency Improvements: Adding energy-efficient windows, new HVAC systems, and better insulation to increase the property's overall value.The goal of the rehab phase is to increase the property’s market value while making it an attractive place for tenants.

I've run into some issues where clients get a little anxious over a valuation that came in low or a condition comes up that is fairly minor. 

There are definitely advantages to the liability issue when using an LLC, but there are some disadvantages as well. 

I'd issue a notice of non renewal, do the work that's needed to get the property rent ready and find a solid tenant that will help you get to your goals. 

The issue is cost.

The issue why most wives don't like this strategy is because they have to move into an ugly home that will be a construction zone for the near future and they have a hard time looking past that.

Based on your first fix/flip, it sounds as if you don't have any issues doing moderate rehab.

Additionally, most servicers will provide the tax documents needed at end of year (1099-INT, 1098-INT) and can also issue notices of NSF, late payments and support delinquency /default.