Having an extra $60-70k in the bank would put me in a better position to jump on a good deal though.

One of the biggest repairs was putting in a new water heaterWhenever some repair came up with the house the owner would always state that “he is a bank and we would never expect Bank of American to do any repairs, but if we wanted to forgo our lease option money then we could forfeit that and he would come donthe repairs”Anywho we have moved out and he is saying the carpet needs to be replaced and that that is our responsibility and if not there is the possibility that he will sue us. 

So you'll need your LLC to have bank accounts, check books, address, everything.Or you can just keep it in your name and get an umbrella insurance policy.Also, if you do not have a ton of equity in your property, then you have very little for someone to sue you for... 

I've requested the last three bank statements to take a closer look at their financial situation and spending habits. 

Do you have a favorite bank in town, and if so, why? 

I  and am wanting to take out a HELOC on a rently property that I own outright. Wellsfargo will only allow me to have 4 loans and this will make the 5th one with them. Do you have any suggestions on who would give me ...

Should I look at local banks or will a larger bank have a go at this? 

Each state's tax jurisdiction has its own eviction rules.

I typically see the disbursement around the 10-12th of the month, with it be direct deposited into my bank.

How can I improve my credit enough so the banks feel comfortable about giving me a loan.