I mean - if we are not able to take down such a portfolio, we are limited to one of individual assets, which are seemingly far and few between.

He also stated he had not had any prior evictions on his application. 

@Micah CookInvestors are looking for limited liability.

I set my limit based on numbers and lose out on houses from time to time, but that's ok. 

My question, due to limited cash we are only able to put 10% down on this property to close.

Otherwise, you run the risk of the LLC protections not applicable because of mixing the two together exactly as you said.My attorney did suggest one umbrella LLC that would include the other two, but we decided it isn't worth it at this juncture.

You can fill out the application here. 

Every no brings you closer to a yes.With a limited track record you could get a partner on a deal, wholesale a deal until you have enough money to have a bigger deposit, or like @Peter Sanchez and @Alexander Felice mentioned house hacking.Real estate is amazing because you have unlimited options and have to develop the mindset that you are a real estate transactor.Let me know if you need help with anything and I would be happy to help!

Cozy.Co is just a payment platform and application processor, at least last time I checked.

About 7 months later I got an email from my lender stating that the servicer for that loan, who was Wells Fargo, had gotten a loan application request from the same borrower at their local branch to buy an investment property and it listed his previous address as his current primary residence, not the one that I had just done the loan on 7 months before.