Also, there are a lot of people who are interested in the minimalist/mountain lifestyle and come to colorado specifically for that purpose.  

But in this case it might be worth doing.I could send you a handful of folks I talked to and know, including the person that did mine (although not sure they do sub $100k loans).

I'd recommend doing a little tax planning with your person this year to establish a timeline so you don't accidentally lose out on this by playing with timing a little.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

Thanks @John Mckee  - we did end up just giving them a proposal that built in their agent's fee (and then some).This was a good lesson for us - at first we took it personally but then realized that the tenant just doesn't want to deal with (or has no expertise in) deal(ing) with it and they really don't care what they end up paying.

We will even sit down and do an in person interview where I will answer all of your questions live.

Hello, I have 1 residential rental currently in my own personal name.

Ask for a list of these lenders from the person that taught you that and a list of past deals.

Then the bank is acting funny about my dti ratio since I've already got one investment property and one person home mortgage. 

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).