One LLC is likely fine (many go without LLCs altogether) and more can be added as asset quantity and/or liability increases.

I have also been creating a chart to show that property value is increasing and home ownership is increasing.

From what I'm hearing from local note investors, many of them focus on NPN acquired directly from hedge funds given the steady increase in foreclosures. 

It is not a fixed lease in that he pays whether it is rented or not, but that he takes 10% of the rent and future increases (n lease up fees). 

Basically if 75% of the rent can cover PITI it shouldn't increase your debt to income ratio. 

You can customize your lists much more specific to your actual needs.

DH is a network engineer and I have worked in ministry/non profit settings as well as customer service settings. 

Some of those include tax write-offs and increased return on your investment.

@Ashish AcharyaYes we will contact an attorney, I have some rentals now and am looking to increase my portfolio.

Over time, the interest portion decreases as the loan balance decreases, and the amount applied to principal increases so that the loan is paid off (amortized) in the specified time.amortization scheduleA table which shows how much of each payment will be applied toward principal and how much toward interest over the life of the loan.