Also, recognize that you have to do a rental analysis and DON'T just rely on the prop manager's suggestion.

That is why Proctor and Gamble spent nearly $200 million advertising Tide.  

It seems that many lenders just cannot help with cheaper properties as they have giant minimums, Visio Lending has a loan minimum of $100K (was $75K just as recently as last year) and LendingOne has a loan minimum of $75K for each property.I'm hoping to get a good lender that is not redlining and also recognizes that $50K still buys a heck of a house in Kansas City and in decent areas of the city too!

In my opinion, it is definitely a gamble but what isn't in the world of rental properties? 

Does Wyoming recognize "participation theory" or "participation doctrine" as a basis for liability?

I extend this same offer to ALL subscribers and participants of this board.I recognize we need props.

Laser wash touchless systems give an excellent wash and dry and customers recognize this benefit because it will not damage the paint like many cheaper contact washes may do. 

If your income flows through an LLC to you, the income will be used to qualify for future loans, I don't see an issue for financing as far as recognizing income.Just get more insurance and keep it privately held......

Also, CA does not recognize series LLCs so be careful there. 

The level of approval is tied to the exposure and the risk rating assigned by the bank.Regarding PFS while banks require them and look at them you have to recognize them for what they are- typically unaudited numbers prepared by the borrower that offer a snapshot in time regarding their financial picture.