People live there because they have no other options.

To keep the home loan people from getting confused, you will want to NOT report the rental income/expenses on your personal tax returns Schedule E, instead have the LLC do an S-Corp election, and report the income/expenses there (after confirming the truthiness of all this with your tax professional, of course).

People often refinance to much money back out of the deal and turn the property into an alligator that no longer pays for its own PITI. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

Tell the people you interview the address or just the area and the property details (so they don't look up current rental info.)

. * when I say private lenders I mean true private lenders; people who lend to you becuas they know and trust you.

The people who are the "business development" people like Laura working for this company, how do you think they make their money?

Typically I find after I've owned the home for a year the cost of a home warranty isn't worth it and I can find people to do repairs at a pretty good cost.

People who get evicted after not paying the rent for a long time re usually not the best people and often leave lot of damage in their wake.

People often skip this and get denied by the bank.