Appraisal and title is 3rd party fee so lender can't do anything about it. 

@Alexandre Medrano Why pay some third party app when there is free services available.

This is a strategy to hide what you have done, not a legal method of circumventing the clause.

That part does make some sense, especially since the first property we're looking at is out of state and it would cut back on legal fees to just file in that state. 

My LLC is registered via a 3rd party and my name is not anywhere on the articles of incorporation (as I am trying to keep some privacy but also have that wall between tenants).With this being said, after you transfer your LLCs from your personal name to an LLC, I understand you cannot change the terms of the existing tenants lease, however, is there some sort of short and simple communication I can give the tenants letting them know that the home has transferred ownership and that their lease agreement held up and house under XYZ LLC? 

A few things I noticed (1) you didn't include gas in your expenses (2) management expense at 6% seems low - I've used companies <10% before and I paid for it (3) billing back utilities via RUBS (Ratio Utility Billing System) is a legal, extremely economical way to bill tenants their fair share on a master metered property, however, make sure your state statues support it and is fairly commonplace with your competition. 

One more thing, even after buying from TKP; always get a third party inspection done.

You then have to direct the custodian to do something with your money in a legally allowed investment.

I think that's been the hardest part is finding the funding partners.

And to your last sentence, I'm not sure there is a workaround to avoid mortgage lending rules, especially if your loan is to a borrower who is also occupying the home (given how sensitive the CFPB is with owner-occupied loans).Sorry for the segue...https://www.nolo.com/legal-encyclopedia/whats-the-...