The underwriter might also request a rent schedule on the properties to confirm the rent is legit for the area.If you are going to buy a home and close in an LLC, the other 7 conventional loans will still count towards your DTI. 

If you want to remain friends with this old buddy and not go another 15 years with out seeing him I would just let normal conversation happen about each others work and personal life, and when he is ready to jump into ownership he may or may not request your input or assistance.  

Unless the previous borrower requests a release of liability, the servicer must process the following exempt transactions without reviewing or approving the terms of the transfer:[...]A transfer of the property [...] to[...]a limited liability company (LLC), provided that- the mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, and- the LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence)."

Apartment living is not for everybody, maintenance requests can be an issue, neighbors and in many cases just the option of having a backyard makes a huge difference. 

In PA, - she has 10 days to pick up abandoned property left behind and if requested can be stored for 30 days.12/3 tenant messaged me at 1130am asking if her dad could come pick up washer and dryer at noon.

@Malcolm Kruger I just sent you a connection request, I live in Temple and own in Killeen, Temple and Belton.

It's been there for XX days despite multiple requests that you remove it.

Meanwhile, Redfin’s Home Buyer Demand Index, which measures requests for tours and other services, rose 1.5% from last month.

Are you saying they are requesting to be a certificate holder so they can be alerted when and if your policy changes or is cancelled?

Be as little out of pocket as possible and request for a larger balance to be assumed.