This is just a guess, might help if you had the balance sheet numbers to see if and what extent this is financed by debt in addition to the General and Limited partner capital contributions.

This would only be an advantage if you're tight on qualifying income but if you make big $$$$ in your day job then you may not need to refinance for the sake of managing your DTI.Also on VA, the limit for 0% down in snohomish, King, and pierce is actually 667,000 and you can qualify for a property that is higher than this but you'd have to bring in 25% of the difference above this limit in terms of "down payment."

The limit for conventional loans is 10.....as long as You and the property qualify, no problem.

CoC is my main measure, but I use the 1-2% rule to decide what I want to consider researching further for rentals.

Keep in mind you have no contractual with owner so you have limited ways to get compensated.

From my limited experience there are two types of agents. 

Hi All, I am running up against the personal mortgage limit of (10) and have to go commercial if i want to continue . 

Your options will be limited, You can file documents that will allow you to go after bank accounts and garnishments but that gets more complicated and he may need legal advice to do that.

Neighborhoods without that much building have a much more limited supply (although they change less too.)  

I've also read on forums that the customer service is super limited with this method, by email only, so no personal touch at all, which obviously, is the cornerstone of a real estate agent's value, along with their knowledge and expertise of their local market.The day we can take emotions out of selling or buying real estate is the day realtors will cease to exist.