We in ohio are not required to give a reason so I would not put any reason in writing unless you must. 

It may not be required to send your kid. 

However, navigating the existing mortgage and structuring a deal that aligns with your rental income might require some creative solutions.

If your using financing the bank requires this.

When it comes to property type, SFHs typically have higher appreciation potential but require more maintenance, while condos and townhouses can offer good cash flow and lower upkeep.

Most corporate relocations and temporary medical workers require smaller units.

Because at one point you do have to pay it back.This being said, utilizing a tax strategy requires planning.

Leveraged properties require patience even if your tenants pay on time and maintenance is limited.

Some don’t report their off-market business like FSBO sales for MLS stats as it’s not required and many don’t care about stats.

Talk to a few F&F lenders about % of ownership requirements to be the guarantor, and if there's a % of ownership which REQUIRES you to be a guarantor on the loan. you can avoid this headache by being strategic as to how the loan (and the LLC) is structured while you wait for your scores to improve again.