You'll have to decide if you can tolerate the broader environmental risks, but I think $1,500 per month is totally worth it.  

Need some help.Please help me decide on next steps.Current Bills= $10,300 monthMortgage - $2,600 month, already discounted.Credit Cards –$1,030 month………..$150mo @ $7k, $55mo @ $2k, $27mo @ $1k, $35mo @ $3k, $40mo @ $4k,$25mo @ $1k, $47mo @ $1k, $67mo @ $2k, $25mo @ $1k, $25mo @ $1k, $45mo @ $1k, $80mo @ $4k, $25mo @ $1k, $80mo @ $2k, $102 @ $4k, $110mo @ $4k, $90mo @ $2k.Loans - $470mo @ $10k, $591mo @ $15k, $270mo @$3k, $650mo @$30K (not in my name), Kid’s School -$900 monthSchool Loans - $785 monthCell phones - $200 monthPersonal loan to Dad - $1,000 month, $28k left.Cars - $730 @ $31k, $330 @ $17kCar insurance - $150 monthCable/Internet/Gas/Electric/Water - $500 monthINCOME = $7,300 monthBoth at 600 credit scores.We spend $10,300 per month above,we have FT jobs and drive Lyft make bring in $7,300 month.

Trying to decide between about 5 different properties as to what makes most sense financially, best return, etc.  

On whether or not you will qualify, you might just talk to a lender and lay everything on the table before getting a hard inquiry on your credit, then you will decide if you want to move forward. 

Now many years later I have decided to jump in.

I currently own a multi family home and I want to get an investment property but would like to put it under a LLC but I keep hearing that it’s good to have a holding company if you decide to have multiple LLCs?

And I don't plan on being stuck there, goal is to keep adding properties and "trade up" to better ones using the ones I decide to sell.

And this particular morning he was extremely inebriated and decided to scream at the top of his lungs at 730am, scaring the crap out of my other tenants (I'm told multiple calls went in to police).

I sold him on getting it now and renting it out until he decides to retire and move up there.

What if they decide to enforce their rights?