Since your original post has to do with lending the biggest thing that you should be aware of it your debt service coverage ratio more commonly known as DSCR.

They have a comprehensive solution for rehabbers and developers that need project management services.

If you are not a seasoned rental investor (e.g. showing 2 years of rental income on your tax returns), they may not even count your "forecasted" rental income, which can make your debt ratio higher and harder to qualify.If LLC, lenders will underwrite based more on the investment's performance, 25%-30% down payment, Debt Service Coverage Ratio (DSCR), occupancy ratio are some of the things they look at first. 

Having said that, there are still some great options out there which may be able to help you cast a super-wide net (get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).

is it something you can buy it for your coverage?

Also, maximum 75% LTV and debt coverage ratio requirements.If you're just building a couple of houses--unless they are very high $$$--my guess is your project won't qualify.Local, community banks often make commercial loans that they portfolio in house and often do not report to credit agencies (unless you stop paying and get sued). 

Financial breakdown:Monthly Expenses = $4,775 (P&I = $3,092 ; Insurance = $350 ; Taxes = $1,333)Monthly Income = $8,000Monthly cash flow = $3,225 (27% cash on cash, 10.83% cap rate, 2.04 debt coverage)The return seems to outweigh any potential risks, but we can't help but think we are missing something.Thanks in advance for your help!

@Jaysen MedhurstI guess better said, the 12.5% is part tenant replacement costs and expense coverage between tenants. 

Until you have a substantial net worth, proper insurance coverage will protect you better than simply holding property in an LLC.

There are still some other options out there though which may help (ie. get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).