@Paul DeSilva:@John Leavelle and @Anthony Gayden (above) are both correct.Unless you have more than 10 residential mortgages, or the properties are above the jumbo mortgage limits or you're trying to finance the the properties with the LLC intact, then they should qualify for conventional residential FNMA loans.For the LLC situation: my strategy is to close the loan under my personal name (no LLC), then after a few months of "seasoning" to establish on-time payment, notify the lender that I plan to drop the property into an LLC strictly for asset protection purposes.Many seasoned pros will tell you that you don't even have to notify the lender that you plan to do so, but will warn that doing so runs the ever-so-slight risk that they may actually call the entire loan due immediately.

Rule number 1 of landlording is that you can't control if or when the tenants pay, rule number two is that you can't control if and when they leave.Tenants are not known to be the most proactive bunch, either, so this may not be malicious. 

I also go over the speed limit sometimes. :)

Putting an age limits on pets sounds like a good idea but impossible to enforce

.), and new appliances. my estimates: 4-5kAll my estimated include parts and labor (certified and insured electrician, plumbers, painters, ... etc)Bed bugs/Pest control cost should also be added, I think.Whole apartment is about 900 square feet. 

I like the control of owning my own.

It makes good income on a dollar/hour basis, and I have incredible control of my schedule, spend time with my family, etc... but it isn't very scale-able, at least not with favorable profit margins. 

I'm looking for wording for my leases regarding pest control (specifically bed bugs).

For 2017, under Admin, Accounting expenses was $8800, "Other professional fees" was $4600, Copier/Printer rental was $2000,  Payroll was $52,800, Management Fee was $27,700, Gardening & Landscape was $6900, Pest control was $8,200Great ideas of calling up other apartments for occupancy, will do. 

The loan limits are different for 2-4 units properties in regards to the VA loan.https://www.benefits.va.gov/homeloans/purchaseco_l...Respectfully,Rosanna Shepard