I was considering being an agent because it would put me in the community, while potentially honing my skills and relationships while earning a solid income to invest pending my results.

My payments are contractually guaranteed.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

Is there a point where collectively, the LLC has income X and current mortgage debt Y, and X is >> Y, hence another RE loan fits within the LLC/partnership's ability to handle and I don't need to personally guarantee this?

For example, I have a connection in Dallas, TX who purchased multiple STRs in Miramar Beach, FL and claims to only be breaking even, which I found extremely difficult to believe because I also have a connection who owns a one bed, one bath condo in Destin, FL who made $78K in rental income, including the lodging tax and cleaning fees, and was still able to net approximately $35K in 2023.

My question:If I were to seller finance and then raise private capital for the rehab, how would I pay back the lender loan other than chewing through income from the rentals since I would already be paying the seller on the finance?

My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

Did you have the rental income coming during the first year you owned or it was vacant? 

Now, I know you were asking about rental income...and that you can find in the comps too. 

If you want the income lending/lending funds would probably be a great option, but there is rarely any equity appreciation.