I've been burned before so I'd rather walk away from a deal with a tenant like this, yet they seem like a very good candidate match based on their current portfolio.

@Alex NgMost likely, income verification will be based on your tax return documents. 

Yes I still paid transfer tax based off of the assed value.

We are finding it easier to target land and build from the ground up with a brand who has perfected the model and are killing it.

However, the return on an investment in real estate is usually calculated from the perspective of ROI and Cash-on-Cash return, which is based on the cash flow on the deal. 

I understand it is perfectly legal for other entities to be "Partners/Members/Managers" in this new Partnership/LLC.

DSCR loans can also have flexible seasoning, meaning you can cashout refinance quicker based on the new appraised value.

Why do licenced/fiducary advisers keep recommending a broad based etf? 

For instance, if your property is listed for sale below its appraised value or if you reduce the asking price during the listing period, most lenders base their lending decisions on the lower of the two values.

Yes, you will be required to pay income taxes on your withdrawal based on your year-end income vs expenses.