I use an app called Astra App that automates this based on deposit rules. https://apps.apple.com/us/app/...I use reserves for slow months in case we have to pay the mortgage and hoa.

They aren't required to own a rental property (just get an umbrella insurance policy to cover you for liability), and when you're first getting started, there are so many other things you need to learn to be successful with rental properties that if you make that list of things astronomically longer by adding LLC drama into it, you're just going to slow yourself down from learning what you really need to learn.

It seems like you are jumping into the deep end of the pool without learning how to swim.

During the summer people do take more vacations and things do slow down in many areas as well. 

. ■ I recently started to rent out part of the Single Family House as an STR( Airbnb) for about 2 months now and I have been averaging about $1500 per month but that is because it's been a bit slow.■ My 2 Family House I had claimed on my taxes as a rental for the past few years.

Rates could get up to 10% before starting to slow down. 

IMO, lender needs to make sure investor makes money (not all investor's are very good at this), or both lender and investor are in deep do-do.Seriously, if you were making good money you would walk away from a deal just because the lender was making more than you?

Slow and methodical approaches will gain the most ROI

We are land developers who build homes, and yes, we are making a few slow sales.

The market got really slow over the new year and I was hesitant to pick up anymore, especially because I was so wore out from dealing with contractors and rehabbing issues (the hardest part of this business in my opinion).