I'm still doing research and would like to connect with people that might be able to help in making my decision.

if in 4 years this is the first buyer to bail thats extremely good.. people get buyers remorse all the time does not mean they lied  they just get worried and change their mind.Most important word in Real Estate sales is   NEXT  

On the other hand, hard money lenders can be more flexible with down payments and its about 10-15%, this frees up your capital for renovations.

Thank you for your advice, with my unique situation I'll need to find the right people to work with. 

This is a great place to learn and to connect with people so take advantage of all the great resources.

To keep the home loan people from getting confused, you will want to NOT report the rental income/expenses on your personal tax returns Schedule E, instead have the LLC do an S-Corp election, and report the income/expenses there (after confirming the truthiness of all this with your tax professional, of course).

People often refinance to much money back out of the deal and turn the property into an alligator that no longer pays for its own PITI. 

. * when I say private lenders I mean true private lenders; people who lend to you becuas they know and trust you.

The people who are the "business development" people like Laura working for this company, how do you think they make their money?

People who get evicted after not paying the rent for a long time re usually not the best people and often leave lot of damage in their wake.