(however this mirrors the college grad scenario of if every job requires 2-3 years experience how do you ever get a first job) And even if you could separate the LLC from you personally, how would the LLC's DTI every qualify?

With fanny Mae/Freddy Mac you could do as low as 5% down for a SFR or 15% for a duplex if you qualify (strong enough borrower which sounds like you may be).

even if legally you could hold the second person to the lease does that second person income qualify to double their obligation?

They wanted a conventional loan, and qualified for a conventional loan from a different lender.  

PM your email and criteria of a home (beds ; bath ; sq ft ; side of town ; etc.Have you pre qualified ?

I specialize in qualifying buyer for seller financing.  

Talk to a couple lenders to see what you would qualify to borrow.

@Elizabeth ColegroveActually I think it has to do more with the qualified buyers pools which seem to be shrinking in North County Coastal San Diego most recently.

I am formally promoting you to CEO of this local movement and look forward to the date and time I need to arrive. :-) 

Hi @Alex Miles, The majority of investors/taxpayers do not realize that foreign property can qualify under Section 1031, but the exchange has to be between foreign properties.