For instance an unpaid cell phone bill.

Now there are instances where I recommend long term over short term rentals, it just depends on your expectations as an investor.

So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, that would be the owning entity of the LLC that I would create/own in PA to protect my privacy and my personal assets in case of a law suit.

Construction is like herding cats, in some instances unforeseen cost overruns can force a project into dissolution.

Most guidelines state minimum 1 year but in practice when these applications come in I've seen that 6-12 months with a reasonable explanation can be done easily.Now some times in rare instances with exception I've seen buyers get approved even under 6 months.

For instance, Iḿ sure in Congress Heights DC, you could get a property that is in distress; add value and accurately break even or lose a small amount for a short lived, precise degree of time.

My previous home was a craftsman bungalow built in 1915 by a relatively famous architect.

I do think in this instance, you may want to try a local CU if you have an easy time qualifying for conventional financing 

I have read that in some instances, the mortgage company will use its due on sale clause, so that makes me a little hesitant.

However, older instances are to be considered more holistically, suggesting a more lenient approach to past financial or rental difficulties as time passes.Exemptions and Protections:Certain properties, particularly older houses that cannot easily be brought into compliance with current codes, are exempt from some source-of-income rules, acknowledging practical limitations in applying these rules universally.Landlord Liability:The ordinance provides protections for landlords in terms of reliance on third-party information to reject a tenant, mitigating potential legal risks associated with tenant selection processes.Fair Housing and Legal Compliance:All considerations of prospective tenants' applications must align with fair housing laws and other state and federal legislation, reinforcing the ordinance's compliance with broader legal standards for housing discrimination.