Likewise, the instructions to Form 8825 state that each rental property is to be shown separately on the Form 8825, even if the activities are combined for purposes of the passive activity rules. 

Even if you get an offer that is workable the property still has to appraise for loan purposes.

The purpose of the LLC is to shield your other assets should a lawsuit arise.

Just be aware that if you are using a DSCR or investment purpose loan in combination with your HELOC.

But isn't the purpose of setting aside maintenance fees every month from rents useful for that ? 

Rita, thanks, this only furthers my purpose in RE business, you are either a true TK provider for clients with a true purpose to build long-term wealth for clients or you are a short-term player that is interested in a quick buck not the consistent results.

Investment Info:

Other commercial investment investment.

Purchase price: $3,800,000

Cash invested: $300,000

Red Roof Inn Motel - Purchased completely renovated but not operational. We will open and ...

Tax assessors estimate the value of properties for the purpose of property tax calculations. 

No interest expense to deduct on my taxes Question: how is this treated for tax purposes?

To take a step back, a DSCR loan, aka lite doc or business purpose loans, uses the rents you receive on the property and divided by the new loan PITI to receive a ratio.