It all depends on what kind of asset class you're looking to hold- some people will say that higher class properties will bring about better tenants and less hassles (plus often times they tend to be newer constructions, so one can say there will be less maintenance issues).

This obviously only addresses third party liability, and not recourse a lender might have.Two potential issues with LLCs are (1) how easy/difficult it would be to move the property into an LLC.  

That is a red flag and in a down market could be a big issue.

 Thanks for the imput, Peter  Good luck with your zoning issues ,   I would assume your persistence will pay off . $50 a ft  that certainly does work .

They are all preforming well, but due to deduction maximization by my CPA, the big banks are having issues processing my loan for the latest property that I have under contract.

I have health issues so most of my work is searching and evaluating props on line.

Being self-employed has always been an issue qualifying, so I will have to start small and work my way up.  

So these are my initial thoughts on the issue - I'd love to hear any feedback from the experts out there... any other military members who encounter these types of frequent move and invest types of life situations... so thanks in advance for your input!!!

Lessons learned:1)Fire a non performing PM early and often ... they NEVER get better.2)Don't buy out of state where you can't verify issues & solutions or easily take control to straighten out a mess if need be.3)Repeated visits for what seems like the same or similar issue are a red flag which should NOT be ignored.4)Use licensed, bonded electricians who pull permits.5)Trust but verify.6)Be careful about who even bids your jobs.

Try other local community banks and credit unions and if they will not approve conventional then inquire with their commercial department.