Based on the information that you have given, the loan application would be in your name since you seem to be the only one employed and use the rental income (75% of rent) to fully qualify you using your employment income, rental income versus your liabilities.

From a legal perspective, it seems to be commingling a bit, but I guess it's technically a loan to the business.2) If that's not a viable option, then I was considering a business LOC. 

I would love to buy it, but my simple mind can't seem to understand how it could make sense!

It seems to me that BOTH a HML and the HELOC would be best.  

It seems like you would have the funds required to take the HELOC or just from investments.

If the ROI seems low or if the renovation costs are prohibitive, selling might be a more practical option.Cash Flow Analysis: Currently, your property isn't cash-flowing positively when considering your mortgage, management fees, taxes, and other expenses versus your rental income.

Pretty much everything I've looked at either:A) doesn't cash flow for about 15 yearsB) would cash flow if you bought it with cash, but at that point you could get much better returns investing that money elsewhereEven looking at house hacking it seems that the savings on rent (about 2.5k/month median) are outweighed by the significantly higher cost of purchasing property.

The PM doesn't seem to be doing a good job of screening tenants and with multi unit buildings if one tenant gets away with not paying the rent, you can bet they talk to the others who then do the same.

I predict that we will see more applications leveraging AI to perform back office mundane tasks. 

ThanksHi Cody - Seems like DSCR would be a good route to explore.