These are the folks that produce outsized returns for their investors and are able to attract capital to fund growth.How one underwrites an investment has a lot to do with how their capital is organized, their tolerance for risk, etc.

It has encountered stiff pushback from tenant advocates, for example, who argue it is exacerbating the housing shortage and driving up rents.So far most of the scrutiny has focused on rental apartments and homes that are converted to full-time vacation rentals, with regulators generally tolerating homeowners renting out a primary residence.There is a risk that could change.

Depends on your comfort level and risk tolerance. 

If your investments are keeping you up at night, that alone is a good reason to re-evaluate your holdings to better match your risk tolerance and long term goals.

New investors often have a big psychological problem with taking on debt via mortgages (even if your tenants will be paying it down), so being honest about risk tolerance is huge.

You'll only make profits if you understand as much as possible and can tolerate major expense where you do not.Got a couple of Million to play with?

I personally wouldn't worry about the LLC to much, but that is a hotly debated topic and you just need to find your personal risk tolerance level.

This will add federal tax credit of up to 20% of all your interest paid annually as a dollar for dollar credit (added to income to reduce DTI).You can go to an ARM or use different products with a higher tolerance for DTI.You can use a seller buy down strategy (best accomplished on a 7/1 ARM since the buy down is cheaper than 30 year fixed and you qualify at note rate vs a 5/1 ARM where you qualify at note rate + 2.0% for underwriting).You can shift obligations off your balance sheet or credit report by having a relative or family member refinance your car, student, or installment loan off your name into theirs.If you're self employed or have rental income you can adjust your 2016 figures right before tax time coming up next month April 15th and or just file early so the lender can use your 2016 returns instead of 15' or 14' which might not be as favorable.

And probably go with the smallest and cheapest unit I can reasonably tolerate. :)In any case, good luck with your journey!

Risk tolerances change, I have access to other capital, I can cross collateralize, etc..