My debt and also my partners are minimal at most and we both hold jobs we could get personally approved however it defeats the purpose of opening the LLC then.

If the layout is funky, but is ready to rent (always with at least some minor maintenance issues) then the discussion is the same, but the action is delayed until some time way down the road.

Do not ever let the delay be on you part... hurry up and wait.

I fear those areas though, plus minimal profit is to close to loss.

I will not be getting paid RE commissions or management fees in order to minimize expenses and make the investment as profitable as possible.

The reason is that you want to minimize your expense upfront.

We were doing a rehab for my mom so budget was minimal (probably cost $40 to do 1000sqft, but cost did not include a lot of tough, free labor from me).

Look at it as a minimal cost to make money for booking jobs instead of climbing ladders.

Account Closed  stands to reason its going to curtail some folks from buying and or delay there buying until they meet this standard

Use delaying tactics; subject to financing, banking days, subject to inspection.