I think a short-term fix-and-flip loan would serve you better because, first, the credit requirements are typically lower than a DSCR loan's credit requirements, and fix-and-flip loans will fund a portion of the purchase price as well as some or all of the rehab costs (usually through the draw process).Right now, saving your cash, rebuilding your credit, and finding both a partner (ideally with a higher credit score AND experience) and lender you're comfortable with should be your priorities.

Students still come despite remote classes because it is an experience.

If someone local has keys, you can try to speak with Latchel contractor to see if they will enter property - then pay them extra to go get the keys.If Latchel contractor won't, due to liability concerns, perhaps you can find a local RE agent that you can pay to accompany the Latchel contractor.Worse case, maybe go back to your PMC and beg them to assist you.

My question is, what is the best way to protect myself from liability?

I've been doing some research and came across a company called WholesaleShelfCorporations.com that specializes in providing aged entities.Before making a decision, I would like to hear from those who have actual experience with it.

House hacking will also give you some personal "property management" experience.

Federally backed mortgages cannot be called due on sale if it is a transfer to an entity with the same beneficial owners provided that the insurance is properly updated.But this naturally begs the question - if you're adequately insured, which means letting the insurance company know about the entity, that you're operating the property as a rental so appropriate liability limits are written WHY both messing around with the LLC at all?

Since you are a casual landlord who never intended to originally become a landlord and because you only have a couple units you're never going to get enough experience to become proficient and therefore are more likely to experience negative tenant situations. 2.

Advise is to get in contact with a lender that has experience in structuring these mortgages where you can move on to the next one and plan ahead.

I've read many discussion on this forum, but nothing really comes close to your own experience.