Is this a good criteria to have or is there an easy way to handle the lead paint situation?

I'd be happy to be proven wrong, but I think you're just going to be frustrated if you try to fix/refinish them after a "cat lady" situation. 

What are some financing options I could use in this situation?

Is that a common thing to do or would most LL’s turn us down just because it’s an unusual situation?

Also, another hurdle is my employment situation has changed and I'm now self employed which has made getting approved for a loan for the time being rather difficult.

Thank you friends for your input.I spoke to one of my attorneys yesterday and he said that I don't have to return the security deposit and the tenant is also responsible for a month of lost rent.I was just trying to avoid any ugly situation and offered my tenant half of his security deposit back. 

I'd be happy to share his contact info if you're interested.Also, regarding using multiple LLC's, obviously talk to an attorney for your situation, but what has worked well for me was establishing a series LLC.

In that case you might need to find a different lender or send them the trust for review, if your trust attorney is good they should be able to provide support services for free and give the bank a call to explain the situation.

I will let the situation develop on that particular issue.

My situation is this...I have a house under contract that nets me about 25k and leaves the investor plenty of room at around 46k net after a 30k rehab.