One thing to keep in mind is "less is more" when it comes to telling anyone including the Loan officer what you plan to do in terms of living arrangements.

Now, most of the items on this list are referring specifically to "short term" rental investment properties.

I have one property as long term rental and my husband has one long term rental and 1 STR.

Hello, Hazem Abdallah, when choosing a company for cold calling, especially in terms of calculating KPIs and ensuring lead quality, it’s important to consider several factors, including their reputation, services, technology, and customer reviews.

This means you have an LLC for a single business activity, which is filed correctly, has an Operating Agreement with clear and precise terms, you set up a separate bank account for that LLC and its related business activity, you do not use that bank account in any way for personal activity, and while it varies per state as being a requirement, you always want to make sure you have periodic filings and to take it even further, hold a "meeting" once a year...even if you're the sole member and there's not much changes that took place for the year. 

You can still get cash flow here and you can do all 3 major strategies (short, medium, long term rentals) as well as BRRRR's and flips. 

Short sighted on the part of the seller.

My wife and I have 4 long-term rental units and looking for a better way to manage/track expenses/income.

It is less expensive than one year at a good college and 10 times more valuable in terms of the education you will receive.  

Together, we negotiated favorable terms with the seller, ensuring a beneficial deal.