You're income certainly isn't "normal" and some banks might shy away but this is a personal business and if you have a track record, I think you can find a bank to say yes.

Will the LLc need to be converted to a partnership and corporation as a separate entity?

Then you’ll owe state taxes if either of you or the property are in states with state income tax.

**Cash Flow:** Make sure your rental income covers all expenses—mortgage, insurance, taxes, maintenance, and a little extra for unexpected costs.2.

I do like the beaches on weekdays around noon. lol actual problem is for locals and kamaina that lived there  over generation, the problem is not the expensive milk but more like Midwest income with California spending 

If the unit is income producing for 2 years, you can use that income on your DTI. 

How about this, LOW income in ALL.

We do offer bank statement HELOCs for business owners who don't show income on paper but can show revenue coming in(bank statements), doesn't sound like that applies here.Freddie Mac allows for assets to be counted as income, 70% of total divided by 240.

Matt,You can reinvest into any "Income producing" asset/investment - Stocks, Bonds, Real estate etc.

Winter occupancy is lower than the other seasons, but still produces income.