Scott E thank you so much 

From an appraiser's standpoint, do they factor in materials and build quality when evaluating these new homes, or is it just a numbers game (e.

Ultimately if you have the property on your individual tax returns via Schedule E, this would still make you liable for all debts. 

I am trying to improve mine though, because it is ideal to get your properties into a stable, long term loan.

Just curious if others have done something similar to get into a deal without stable W2 income at the moment and the steps they had taken.

If they are disregarded, and the properties are filed on Schedule E of your personal tax return - then you can combine 1099s, using your SSN (not recommended) or your EIN.

@Mark S.In my 20+ years of working exclusively with investors and representing clients before the IRS, I have never seen the IRS raising an issue about 1099s for Schedule E landlords - despite the fact that the form itself has a specific checkbox.Also, there were proposed rules a few years ago that specifically required 1099s from landlords - which sort of hints that the IRS did not consider them mandatory without the new rules.

@Dale E.

The sponsor has experience over multiple real estate cycles as well.If I had more money, I would diversify into debt, which tends to be more stable when properly underwritten when things go wrong.

It would serve you better to ask for prior years Schedule E to get a good idea of what the past has done and you create your own pro forma based upon your numbers of what improvements, cap ex, and raise in rent could do for the property.