Thanks in advance, still a fairly new investor and can use all the knowledge available.  

Note more sophisticated value adds can do better than rehabs (I had one once that cost nothing to add ~$200k and my initial protege achieved about $500k value add for $0 (just knowledge on better use of the property)).- maintenance/cap ex seem far too low for 5 units.  

To the best of my knowledge that deal still exists.good luck

Its not in downturns alones, but its in times of hardship either for the banks or when the LTV's go way above 75-80% then the banks start getting uneasy with the portfolio's risk level that they might issue a freeze or reduction of credit line.

I do not have first hand knowledge of those particular companies but every national company in the STR space has either burned myself, a client of mine, or has burned someone on this very forum. 

I have some clients that all I do is Bookkeeping for and at my rate, it is pretty high for a Bookkeeper, but they wanted my knowledge and are ok with that cost. 

A lawyer has already contacted us asking if we had knowledge of any mold problems.

Some programs do have lender adjustments on LLC vs individual but it's just a matter of which program has the best rates for your specific scenario at that specific point in time of market.I'm not sure what kind FICO score, buy down/points or prepay you're working with but high 6's for a 55% LTV sounds like it's on a little higher end if you have good FICO/Credit.Credit score is around 760.

BP Forums is always a wealth of knowledge and support.

Now I have a PM.The money you save by self-managing is often paid back in time and effort, and being a landlord isn't always a part-time job.