curious, when buying a property like this, does the income from the rental property factor into the DTI? 

I don't think it factors depreciation and syndication details though.

Ideally, I'll try and line up multiple potential deals in Nashville, so If I fall out of one I'll have backups as SD closes. 

We have been taking the depreciation which is around ($225K-40K)/27.5=$6.7k/year – till now about $68K.With the increase of property tax and other factors, it no longer makes a lot of sense for us to keep R as a rental.

Every insurance carrier uses different rating factors in their pricing.

@Sunny C.If both the IRA and the individual pools their funds in the same LLC, then title to the property would be in the name of the LLC.Also, while IRAs are already afforded full creditor protection in New Jersey, the LLC is ideal for pooling multiple investors funds.

It's icing on the cake, but what you really want to focus on are the economic and demographic trends of the markets and then the financial factors that make for a good cash flow market or whatever your particular goal is.

On those, @Brandon Turner usually mentions (for BRRRRs) that a desirable cash-on-cash ROI should be over 8% (ideally 12%), and that cash flow should be at least $100 per door.

I do like the ideal of including a clause in the rental agreement about passing the fine fees on to the tenant if they were the reason for the fine.  

Each person you assign to manage with you can also add expenses that automatically factor into your reports and overall cashflow.