This includes comparing the overall cost of financing throughout the course of the loan, including interest payments, to prospective rental income and property gain.

DSCR loans do have slightly higher rates than conventional loans, but its not because of the LLC, its because of how they qualify the client (not using personal income). 

@Rachel Waldorf How do you live with 0 income?

$200k is almost half the median income.

I did a 3-year corporate stint managing a marketing department with a multi-million dollar budget, but I'm not too fond of 9-5.

Politely decline those with poor credit or insufficient income.

Dear all,I am new to real estate rental investment and looking to purchase my first rental property as a source of passive income. 

So pick the better roofs of the four, get someone up there with a bucket of sealer, roofing caulk, if necessary a few bundles of shingles and patch it up until you have the funds to do a full tear off replacement.20 is a lot to manage part time, I have pushed it to 30 while I still had a corporate job with a lot of travel.

I just started my company and purchased a house in West Palm Beach under my corporation.

For tax purposes its a passthrough entity, but it makes it a lot cleaner to do tax strategies around maximizing expenses to lower taxable income.