They understand investing, ROI, cap rates, NOI, etc and how to calculate these and what they mean to an investor. 

Thanks both of you for your suggestions, but only concern i have that it will be difficult  to refinance the properties if the properties own by LLC. 

Other than using cash app that puts a cap on how much you can send/receive within a time frame.

Home Possible not only has minimum income requirements to qualify for the loan (with DTI), they also have income CAPS which LIMIT the amount of income you CAN make in order to qualify for the program. 

They are also difficult to systems to enter for first time owners. 

think back to the 80s and 90s when a mortgage for 10% was not unheard of and why would anyone buy a rental with a 9% cap rate. 

Using that formula, I find that around the Troy area I see 8 caps with 1.4 price to rent ratios and in the ball park of 13-15 cash on cash.

These are difficult for contractors. 

I'm somewhat familiar with the Reading market and while it may cashflow great on paper, no matter how much you renovate it, its going to be difficult to build a significant amount of equity in Reading properties unless you're literally picking them up for pennies on the dollar as the values at least within the city are so low.

@Jovon Itwaru one of the bigger concerns were how difficult it may or may not be to remove bad tenants.