Yet, if people ask me for advice, I respond taking into account their situation, objectives and preferences, not mine.4.

Your main objective is going to be that your property is still functional at the end of this arrangement and that you can successfully evict if necessary.

This allows me to remain objective and not qualify or disqualify tenants on items that could risk being perceived as Fair Housing violations.And, all adults living in the property must complete the application, and must meet my standards for Credit, Criminal, and Eviction Check.

Looking at your primary objectives, I'd next consider how much training you want. 

Prolonging the lifespan of existing buildings, whether for expanding housing options or other socially beneficial objectives, stands as a superior economic alternative.

Having an LLC that owns one property and a separate LLC that handles the PM and Tenant activities is the clearest case of an alter ego and will be quite easy for a plaintiffs attorney to break through to the deed holder entity which seems to be your objective. 

What are your objectives?   

(Sort of like a GPA in high school or college, where each “parameter” is basically a course and is graded on a curve with a high C average.)The grading model that I developed using only objective, measurable data, takes the analysis down to the census tract level.

I'm giving as much objective transparency as I can below.  

If the borrower couldn't sell or the objective was always to refinance the property, most lenders want to see their borrowers have liquidity (otherwise the borrower's signature as a guarantor is worthless).