It's easier to look at a situation when one is not financially tied to the property, and the others on this thread are dead accurate.

The best description I've found for, and argument for using, the SCOR document is from the Washington State Department of Financial Institutions.

For the LLC, if you are using Hard Money or some sort of lender, they'll want financials for all members over 20% owners.

We also househack a duplex (best decision ever financially) but will most likely buy another property and turn our side into an Airbnb.

I'm sure the $$ numbers work...as stupid as it seems on the surface....I have no doubt that this will work out financially.

I hope this helps and if you ever need help analyzing deals, I've built a financial model that I help investors with all the time.

You haven't revealed anything that would alarm a seller at this point.Get a redacted set of financials to share with qualified individuals.Have an NDA ready to go.No showings or deep due diligence without an LOI and earnest.Locate COIs (centers of influence) rather than marketing to the masses. 

Building was reassessed, so taxes went up, eating away at my non-existent to negative profit margin, and making this financially more precarious. 

So my wife and I got married recently and given the obvious financial circumstances we had to use credit cards for our wedding etc etc etc.My credit score is not bad but I'd like it to be higher.

Have you gone to a conventional bank for them to review your financials to pre-approve you?