Recommend you do a separate post and copy your LLC Operating agreement and ask if there are any ways to improve or concepts to check on.  

If you had the ability to control your credit card interest rate and you had a ton of debt, wouldn't you lower it? 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Hello Abby,My answers to your questions, everyone has different opinions but here are mine:1) Yes it is 100% worth it, if not only for the business line of credit you can establish2) Deals are harder and harder to find, at least where I am from and surrounding areas.

Yes, there are options for financing a boat that can be similar to a home equity line of credit (HELOC).

Sounds like they are in a pretty good situation unless taxes and insurance costs are going to eat heavily into cash flow or the properties all need cap x improvements and they would rather sell than fix them up.I would have buyers for these if that is what they are looking for.

If you lost your job, or your credit changed, then you could not do this or other strategies.  

The people I sold to on a Wrap weren't able to get financing and it dragged on for a couple of years until they got their credit straightened out. 

What is a historic tax credit?

The contract entitles me to perform, with approval from the landowner, any improvements needed to use the dock for my purposes.