Also, if not possible because she's not at that age, then look into maybe her selling you the home as a non-arm's length purchase - she can gift some of the equity if there is equity as your down payment, and look to a lender that can do business bank statement qualifying, if you are not able to show the income on your tax returns but can verify sufficient business deposits into your bank account(s).  

Cool, but there is a cost to that too since the assets are a necessary, but not sufficient condition to running a STR business. 

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

The vast vast vast % of 1031 exchanges complete never have any issues. 

A higher fixed rate should be sufficient. 

You have to perform what is called a "Self-Sufficiency Test," which I covered at length in THIS POST HERE. 

Its not unusual for some investors to get stuck with a loan they can't refinance at prevailing rates if cash flows from the rental is not sufficient to cover any unanticipated rate increase.

The flaw here seems to be that the US government doesn't pick up the landlord's tab for a broken military lease, and - like it or not - that incentivizes landlords to rent to civilians with good credit scores.I'm sort of reticent to continue this chain because I don't want to sound callous, but I do worry that I vastly over-estimated my return in this area.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

That way when your insurance company sends the updated notice to the bank your name is still on the policy and typically won't raise any red flags.However for the vast majority of people an LLC isn't worth it and provides very little if any benefit.