What sort of terms were you searching for?

@James McGovern- most lenders can get underwriting done  that fast  as long as they are provided with 100% of the data they need PLUS getting any disclosures needed signed immediately too 

Our 5 bedroom home would likley rent for ~$2k as a traditional long term rental, but we get $3750/month by renting by the room!

If you're into long term buy and hold to target appreciation, Columbus is another market you can check out. 

With roofing there is no way to tell how long it will last but you can tell if it's worn out and needs replacement.

So you would have to get a commercial loan if going straight to the LLC - which usually has worse terms (shorter rate lock period, shorter amortization schedule).USUALLY, you can borrow personally and then deed it to the LLC after the fact and as long as the LLC is owned by the borrower you won’t trigger a due on sales clause.  

My realtor negotiated the deal to keep it off market and we were able to come to terms that worked for myself and the seller.

There are multiple ways in order to offer a seller financed deal enticing terms to get them to back off the rate.What if the financer is not the owner, How do you make the deal enticing for a non traditional lender in order to drop their rate. 

If your son wants to manage the properties on his own in the beginning, he will need all those skills to be a successful landlord. 

I look forward to reading about your successes here.