They would have to pay an attorney $5,000 retainer just to get his attention to have him tell them they have no case. 

Do I pay sales tax to each subcontractor and get each of their w9's? 

Poor managers fail to do the research to figure out what the market will pay and either under charges to fill the calendar or over charges and fails to get booked.

And if for reason you don't have enough equity to refi and pay it off, or something negatively happens with rates, then you could be in a tight spot. 

Hello,My wife and I have been seeking a business line of credit to help us out with paying some debt we've accumulated through our real estate investing and to help with establishing some capital. 

Keep in mind the old adage "you get what you pay for."

Or as the original poster put it- just don’t finance them and pay all cash, then you could do it with 40 luxury rentals at $10k a month.Now to rant - it’s great to have a goal, but start with one and see how it goes….

Paying top dollar in a hot market may not be as profitable as a great deal in a solid market. 

The smaller the loan size, the more you should consider paying a few points at closing so you are not looking to do another refi any time soon.

Other than that all the underwriter needs to verify is your income, assets, and liabilities to make sure you can pay for your mortgage and low risk of defaulting.