When you are looking at multifamily assets, the lender is more concerned with the asset than your personal credit history.

Second, you will already have spent a few thousand on inspections and appraisal before the loan blows up in underwriting.I'd talk to the commercial lending department at any of the local banks - Rockland Trust, Eastern Bank, Bridgewater Savings, etc. 

Well if you have no income history you may have trouble qualifying for a loan in the first place also, most DFW area homes are going to be more expensive than homes in OK so make sure you've factored that in as well. 

Great, see if you can get financials and history from the current landlord 

I can't do a residential loan because I don't have the employment history of 2 years.

Preservation of history through a living museum is my big why.

It may be called Crystal Beach.This is from an agent.....Example of a Listings in Crystal Beach with a Positive ROI and very low HOA generating over 80 K in Gross Rental Income (GRI)The up side is you generate more ROI (see attached rental History ) the down side its not Gulf front and you must pay to maintain the property like the pool and the yard (see the Cost to Own ) attached.

Sure, you could always go back to the written lease and say that it's not in writing, but I find that the estoppel forces everyone to put all their cards on the table - both the seller and the tenant - so they won't be able to try any funny business or "revisionist history" after closing.I find that the existing leases (if any) on properties I purchase are not very "tight" - so there is room for interpretation. 

If the 3 late payments were on mortgages, there isn't really a way around that other than waiting until you have a better 12 month payment history. 

Does the LLC need a bit of income/business history?