But that is the nature of the beast and normally trumps the negatives due to the fact that now you have a large amount of cash to leverage for other properties.

@Cameron RileyI understand not wanting to pay a little for something, but there are a few ways you can think of it, we spend money all the time for convenience and if you have a program or a system that will quickly allow you to do something and it’s as easy as any of the other things you may normally do out of convenience you would do this too.The problem I found was what program do I use?

If you lease option, you should sort of model it after the car market, as they have the lease / option thing nailed.

Smaller accounting firms are more flexible on price(normally).With that said - it is a cost but I wouldn't expect it to be more than a couple hundred dollars. 

Always loving hearing your success and how you took on a less then normal approach to investing!

@Page WeilDTI is calculated as total liabilities (normally those reported on your credit report unless some debts do not show such as additional mortgages) divided by your total verfiable income.

Normally banks are pretty strict on it, insisting you live there for a certain period for an OO loan because they're selling the loan.Even if there is recourse, an LLC loan is in a different category altogether from a personal one and accordingly rates are different.

@Timothy G.Raising the rent is just part of a normal process of the business, usually on my other properties we see an increase of 3% on rents to counter expenses like taxes, insurance, interest and others.

The first one was the most difficult but once you elevate your normal to having the confidence to purchasing properties everything changes.

Parking for 8 cars.