https://treas-secure.state.mi....some things to keep in mind:-Non owner occupied properties pay 18 mils more in taxes in Michigan - Even with the SEV you should plan that the SEV will go up.

For those, each has its own LLC because I need to segregate investors in different properties (in other words, the ownership is different so the entity has to be different) and because our lenders for those size deals require single purpose entities.But if I formed a separate LLC for each of the 700+ properties that I’ve purchased in my career (all of the houses and small multi), I’d need a full-time legal team just to handle entity administration.  

Ideally was thinking a duplex, triplex, or quadplex to get started and use an FHA loan but I also have a private lender that can possibly help with up to $200k worth of a down payment.

Building a strong team (agent, contractor, lender, property manager) is key—seek referrals from experienced investors.

No residential lender would touch it. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

So, every non-government job your tenants have will vanish in the foreseeable future.

Talk with a lender about your options for a low down payment.

The lender is basing the amount they will lend on the income of the other STRs in town....I am trying to figure out how to deal with this...I really appreciate your time...Thoughts?

Any lender, private or conventional, will have some hoops, maybe just not as many for private lenders...