I've read some threads on here about the regulation that was coming along that was attempting to push chattel lending out back in 2016/2017.

In order to minimize this IRS audit risk, be careful choosing the line on which you report interest.

His company has a 5-star rating, and upon reading the fine print I discovered he has a non-disparagement clause in his contract.

In addition, I often request to visit there current residence to see how they take care of the property.5. 

I have a decent net worth and both of us (me and wife are W2 paychecks) and now I am being advised / reading advise to have this under an LLC.

Are there any banks who don't care much about the chapter 13 if we can show the equity, our incomes, our cash, our credit scores are good, and our payment history are all good? 

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the bes

I haven't been but I have heard a fair amount about them and read several threads here on LU. 

If you're planning to invest out-of-state, I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

But we'd also be happy with option 1 or 2.Thanks for reading!