FYI: Now that the LO comp rule is in effect it's illegal for a lender to get paid more or less depending on your specific interest rate, so there's no reason not to get you the best rate out there among alt-doc loan programs, if that makes sense, meaning you're not exposing yourself to predatory behavior by being upfront about not being rate sensitive, like you would have been had you said that in 2006.

It can be done.Remember 2007-2009 exposed a whole host of "break even, lose but hold for equity" landlords... when that cycle swings around again, And it will , make your move.

@Jeff Piscioniere It depends on how the title is held (but I'm willing to bet is in the guy with the mortgage name, since the lender will most likely not allow other owners not tied with the note) and it depends on what you have in your operating agreement if the partnership is protected or you are exposed to problems partners might create. 

Meaning that the multifamily must go into my personal name.If I quitclaim the property to the LLC after closing escrow on a commercial loan, I have heard such action could trigger a “due on sale” clause whereby my total loan amount could become due and/or I could be required to pay a prepayment penalty.Without the LLC, my tax structure is less favorable and I am exposed to personal liability.Any guidance on this situation?

You learn a lot about how money works...things most REI today aren't exposed to and thus don't really understand (not their fault). 

He also said that the cracks and exposed bricks are signs of wear and tear and that water, and sunlight can penetrate and loosen up the glue.

This should not only provide much higher returns than the options you've listed above, but also get you exposed to real estate in a passive format which can prove extremely valuable to you in the long-term.   

Know where your business model is exposed and make plans to mitigate that risk if something should happen. 

HI all, the propane water heater in one of my units needs to be replaced.

How are these sites exposed or protected from this?