@Petronella Kerssens Hey there Petronella, both markets have fantastic upside and some of the fastest growing markets in the country with tons of commercial projects going on and people moving there everyday.

Our team recognized that it was in an area that was mostly MFH and was able to find that anamoly in the listing that most people would have missed.

Thank you for your advice, with my unique situation I'll need to find the right people to work with. 

People live there because they have no other options.

To keep the home loan people from getting confused, you will want to NOT report the rental income/expenses on your personal tax returns Schedule E, instead have the LLC do an S-Corp election, and report the income/expenses there (after confirming the truthiness of all this with your tax professional, of course).

People often refinance to much money back out of the deal and turn the property into an alligator that no longer pays for its own PITI. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

Tell the people you interview the address or just the area and the property details (so they don't look up current rental info.)

. * when I say private lenders I mean true private lenders; people who lend to you becuas they know and trust you.

The people who are the "business development" people like Laura working for this company, how do you think they make their money?