1) I use 3 times the rent to be eligible to rent  this is a HARD number and I don’t go below it ever  because it is 1/3 the gross salary of the individual which is customarily the amount recommended for owning a home or any budgeting classes or lecture or anything   So for me this is the pass fail item   If I can not verify the amount then it doesn’t count as income  2) I use 600 for a credit score minimum in my advertisements, however my tenant pool is typically 525-600 scores.  

If you are the majority owner of the LLC then that should count as your seasoning. 

I wouldn't count on the payments making you safe.

The 50% rule includes the property tax and insurance in the 50% (everything except debt service) so you appear to have double counted the property tax and insurance. 

You will not recoup PMI so make the cash on hand count.

Example: Purchase price, vintage, unit count, type of asset, etc. 

In fact, I'm counting on property taxes raising pretty much every year no matter where I buy.  

I would not count on him moving any of those belongings, you are probably going to have to be responsible for them.

Hi Leland,I am not sure if I count as an "investor" since I have 7 doors and am only adding a duplex a year.

If you can count on appreciation, or at least count on it holding value, then you have a safer investment.