I don’t know what your problems are....Our landlord recognized their own fault in these matters and gave us a week off of rent without us asking for anything, problem solved.What’s the reason for being so nasty to a stranger asking for advice?

I will share mine once I close my first property so I know he is genuine one 

California does not recognize series LLCs.You also want to look at whether a pass-through entity helps your bottom line and your taxes.

You can either choose to RECOGNIZE it's a net loss via accurate allocations, or get into it and simply play "Loss Roulette" until it hit's you and you have no allocations for those very real impacts that WILL happen, and your trying to figure out where to get $ from to cover it.

Also, recognize that all investments are not home runs so keep your expectations and underwriting in line with that simple fact.

Great for all my tenants as it’s a brand name they can recognize.

Finding money to fund deals is not a problem when it's a good deal, and those who may be able to act as a key principal/capital partner, typically got to that position by recognizing a good deal.Since you have already gone through one FHA deal, I'm sure you are aware that those types of loans (and thus borrowers who use them - generally speaking) are higher risk (lower credit score, lower income, etc.).

The city is still recovering and I recognize it may take a few years for things to get back to normal. 

Oftentimes, there are surprises lurking that don't show up until after we record...All of that being said, I recognize that B+/A neighborhoods prove to be super-safe investments given the tenants that usually are able to afford the units.

@Kenneth Smith IISo the DSCR term is simply the method commercial lenders use to help recognize that the property will generate income to help pay the mortgage.