A true DSCR product doesn’t care about your personal debt. 

You then file the annual report each year and continue to fork over another $500 annually.Next "cheapest" will be legal zoom or a similar service, I believe they'll help roll the registration with the state into the start up package.I use "cheapest" in quotes - the primary purpose of an LLC is typically to provide some level of asset protection. 

If one person stops paying and it's tolerated, It's more likely to spread within the house.

@Joseph MuleroTo boost your rent plan and make more money in the medium-length rent market, think about these steps: slowly add furniture to the new place while you stay in your current home, pick cheap furniture, use a credit card with good terms, look into loan options like personal loans or home equity credit lines, try out the market by listing the place with few furniture pieces, aim for easy-to-change furniture for flexibility, and talk to pros like real estate agents or home decorators.

My personal opinion is owning your home outright is an amazing feeling and impressive feat.

I personally don’t want to use FHA. 

Q3: My personal rentals have not, but I bought in Lawton, OK because that was my duty station.

The person you mentioned has no formal credit background.

My personal return is fairly complicated with Trusts, partnerships, W-2s, and several K1s.

Build a home and then purchase that product with a personal conventional or FHA loan?