@John Beck your best bet is to start with local banks and credit unions who know and understand the area. 

Account Closed i don't trust anything when it comes to sellers and brokers.you need to verify as much as you can. with rent roll, you want to make sure that you know what rents are currently paid, not just Physical occupancy But also Economic occupancy - that means tenants that actually paying rents. you can verify these by asking for bank statements, and schedule 1from the TAX Return. 

Do I pay it out of my LLC's bank account or continue paying out of my personal account.

I would like to pay off the arrears and get some favorable rates from the banks and get to rehabbing the properties right away!

Nothing against them, I use NFCU as my personal bank of choice, they are just not the best at VA Home Loans IMHO - https://loans.usnews.com/va-loans 

Others are banking on the market being hotter than the cashflow and therefore wanting in because they think appreciation is their investment method of choice. 

If you would like an introduction to them, p.m. me and I'll connect you.10 Federal: sorry, I created them into a bank: 10 First Federal LOL.

So you open up a new bank account in CO, and give someone you know in Colorodo ATM authorization to use your debit card and put a prepaid amount on there for them to buy groceries each month as a tip for doing you the service. 

I usually handle absentee properties so this deal through me for a loop.The home is worth 400,000 as is, the owner owes $310,500 to the bank and had $88,500 in equity.

Are banks lending on home prices this low in not so nice neighborhoods?