@Wod Ed I hear you and I understand your problem.

Many partnerships don't work out do to basic discussions up front around skill assessment and clear understanding / expectations from each partner.  

@Suzanne Griffiths When you mentioned bank statements and credit reports, it was my understanding that HML's don't require this kind of information from you in order to obtain a loan.

@Andrii Okipnyi my understanding of the City Ordinance is all property owners are required to clear public sidewalks of snow by 7:00 pm the day of a snowfall.  

Not all inspectors deal with the city and understand/qualified for DIHLR requirements, make sure to get inspector that does those.

There's lot of new buyers and investors in the market who don't understand the numbers, and the inventory is limited.  

I understand that this may come with a host of other problems, bad tenants, etc. though. 

I am having a hard time understanding how they come to that number.

My understanding is that an LLC can be treated as an S-Corp.

That information is only available on the MLS and so you'll need to partner with an agent to help you access the information you need.A knowledgeable one will also understand the market and neighborhood around the property, as well as understand what your goals are as an investor, and should have experience working with other investors like yourself in the past.