It sounds like there isn't a guarantee that this issue can be resolved, any reason you want it? 

Matt- ownership via an LLC shouldn't be a problem as most lenders are going to make you personally guarantee the loan anyway.  

You would likely have to personally guarantee the loan, the reason they don't want to do it is because the LLC has no credit and no collateral aside from the property so it becomes riskier. 

There will be a TON of deferred maintenance, guaranteed. 

The returns are there, the economy is doing well, the cashflow is there, the population is growing, our state elected reps are there so it's guaranteed to always have a good school district (they are the ones making the budget), it's a reasonable drive for going to deal with property owner problems in person, it's not Nebraska with zero inflation adjusted appreciation, et cetera. 

That means it would take you, all things being perfect, almost 13 years to recover your cash.I can pretty much guarantee that your will be replacing expensive items (CAPEX) at least twice during that time period. 

Sure, they may want you to personally guarantee, but asking you to change title and then wait 6 months...Have you considered HELOCs?

I will guarantee you will have a million dollars in 30 years. 

While it does have gaps, they are more related to long-term maintenance and loss of earnings.Or prevent a personal guarantee?

Account ClosedYou should consult an Attorney/Accountant about entity formation.If there is one member doing work, you may want to consider having him/her being given a guaranteed payment.