400K for a MFR is very difficult to find anywhere in the boroughs or LI unless you're paying cash and/or can deal with additional issues on the property- i.e. non-cooperative tenants, poor property condition, liens, violations, open permits, etc.Another option could be finding a partner to co-sign on the loan with you.

The lender will follow their lending criteria and wont stray from it, as it is intended to keep them from accepting poor deals. 

Harris County holds one every 1st Tuesday of the month and you can find the list of liens (properties) to be auctioned on the county website. however, what I've learned is that the "big" business and corporation, etc have taken over the sells making it difficult for individual to stand a chance.

Most of the poor reputation LOs have is probably because a lot of landlords do them on their crappy properties that they can't attract good tenants for, imagining that somehow an option is a magic bullet to make the tenant a better one.

Others in the program have poor credit, evictions, and multiple felony and/or misdemeanor convictions.

Poor wording I know.

I have an individual interested in applying for a vacant townhome I own, but is asking whether or not a bankruptcy filing will be an automatic 'no' for the application.

somewhere I read if an individual is renting and managing their own house, they have right to refuse ESA and Security dogs. is that true? 

@Colleen FerrariI would also take a look at the following IRS Page which covers Pensions. https://www.irs.gov/individuals/international-taxp...

You definitely should add an attorney to your team and speak with him/her about that in more detail from a legal aspect.From a tax standpoint, an LLC doesn't really do anything for you - your share of income/losses is passed through to you and reported on your individual tax return.If you have any other tax questions, happy to help.