And... even though I haven’t followed this advice myself because I am in maryland, I hear a Delaware is the most biz friendly state in this region.

I have a Delaware Series LLC which as of now I'm the single member. 

You could offer up the BP provided leases with your pro/premium membership and see if they bit on getting a professional lease in prior to close.If they agree, you meaningfully de-risk the situation. 

Wyoming, Delaware ...

I am going under contract on a house in the beautiful Catskill mountain region of NY, specifically in the town of Margaretville NY, Delaware County.

Just closed last week on my first investment property in bucolic Delaware County in the Catskill Mountains of New York.

Our price point with the upgrades and lot premium in a cul-de-dac put us at $262K, we plan to rent it for $2095 (will also include lawn care).

Northern and western Catskills so Delaware, Greene and schoharie counties.

For example, deals in which a full year of history isn't available for a STR (its sub-1.00x at underwriting using long-term market rent, but we are confident after a year the property will cash flow over 1.25x as a short term rental), or buyer is purchasing a property with below-market leases that still have a few months to go (but will raise rents to market shortly) (in this situation a DSCR lender has to underwrite to the lower actuals).Regarding LLCs, it varies as has been said in this thread, a lot has to do with state licensing and other stuff (typically if the lender has gone through the paperwork and process in a particular state), our guidelines for example are as such:Lend to Individuals or EntitiesAL, AK, AR, AZ, CA, CO, CT, DE, DC, HI, ID, IL, IN, KY, LA, ME, MD, MA, MI, MN, MS, MO, NE, NH, NJ, NM, NY, NC, ND, OH, OK, PA, SC, SD, TN, TX, VT, WA, WV, WI, WYLend to Entities OnlyGA, FL, IA, MS, MT, RI, VA

If you provide a detailed scope of work to your accountant, he/she will be able to properly identify what is a repair / improvement.If it is an improvement, he will want to see if any amount can be immediatley expensed through the de minimis safe harbor election.Best of luck