@Alex NgMost likely, income verification will be based on your tax return documents. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

There is some noise in this comment, but overall I appreciate it, especially on LinkedIn, where everything is an echo chamber of "I help create passive income for busy professionals", "Invest like the rich", "create financial freedom through real estate".  

Before my personal and 'rental' income/expenses were very co-mingled.  

All of my rental properties will be going into the business on the property management side which will provide the company immediate income.

However, if you're investing in low income neighborhoods they are by far the best tenants you can get because most all of them are by and large animals, but these animals stay longer and come with guaranteed rent.

In a state with no income tax, I'm getting killed by property taxes of 7K a year for each property.

For sure can do a DSCR loan in the llc no income and no doc . some lenders even go down to 50k for minimum loan amount 

I have a healthy income and have built a solid financial base for my age.

DSCR refinance are not under Fannie/Freddie products, and the qualification process is based on rental income and PITI, rather than W-2 and tax returns.