Underwriting is very strict right now.

Putting 25% down probably isn't doable for us at the moment, but I'm interested to figure out how we might find a lender who does not have overlays or maybe overlays that aren't as strict as the industry standard.

They are the most strict, unwavering, and unforgiving we've ever seen.

Now I can tell that is was done before me and I'm eager to fix, and may be they will be less strict, who knows,

., I like that idea but we don't live in the area or looking to move, just strictly from an investment standpoint but could look at friends/family in the area as an option. 

But, any legit business is used to routinely filling out W-9’s and it is no issue.

I'm also super good-looking, so everything I say should be strictly adhered to.When you break a lease, the Landlord can hold you liable for rent, utilities, landscaping, or any other responsibilities.

I routinely work with numerous organizations that have a 1000 or more corporate vehicles including LLCs where sequestration of liability makes perfect sense given the relative active business risks which are enormous and the relative costs of establishing and maintaining the structure are negligible.So again I say show me a small real estate operator that has been saved by an expensive and cumbersome legal entity structure that couldn't have been done it at least as effectively and much more efficiently through fundamental risk mitigation practices which disciplines one to act responsibly from the outset.In other words, running what are essentially passive real estate activities by retaining competent and professional management and a modest amount of insurance coverage (which should effectively limit risk sourced to the RE activity), and if you need additional coverage (for risk sourced outside the RE) get some ultra affordable umbrella coverage.Now I realize you won't be able to able to strut down the street pretending you are a player because you have an LLC, but it seems to be a very very small price to pay for not being played for a fool wearing the LLC trappings of a clown.

If you don't hit this threshhold, deductions allocated/apportioned to that unit would only be allowed to the extent of rental income.Painting and that type of work is typically (emphasis on typically, the tangible property regs are a good read) considered routine maintenance and is deductible.

You are going to want to avoid banks/lenders who have strict or overlays in general.