The business credit once approved does not report to your personal credit report.  

Is my understanding correct that each of our share of income and expenses should be reported on our own Schedule E forms?

Read the reports and the many pages of explanations.

Probably will take awhile to get those rolling, but may provide a nice bump for the AV and Northrop both, and you'll have a front seat to know when and how big.

Bumping this question.I guess nobody on Bigger Pockets holds both an NMLS license and a Broker/Agent license. 

Easier to leverage up after the fact than to leverage down if you don't hit your projected numbers and run into some speed bumps (or a brick wall) as is apt to happen out of state.

Unfortunately, this couple owns their unit – so it is not a renter I can report to another owner – AND he manages this small building of 12 units.

An unsecured credit line option can be used to purchase, rehab, and flip real estate, allowing you to leverage resources to do more deals, and increase your bottom line on each and every property.There are source of funds in the market place that our experts have established relationships by auditing banks and compiling a list of those whom lend to businesses without reporting the business owners or investor’s personal credit!

I'm looking to perform a 1031 exchange for a single family home that I've owned for 3 years for a duplex and I've come across some bumps, mainly financing bumps.  

In fact I've already seen your sample report for Orlando.