Quote from @Marcus Auerbach: I would add that a poorly set up (and operated) LLC for a new investor combines the disadvantages from not having one and having one in a nice package of just downside and no real benefit.

Multiple capital calls, poor communication and recently notified that 2 of the 3 deals are being foreclosed on.

Overall, it's a safe bet it'll rent just fine just don't be crazy expensive for the unit/market and be a good landlord for longevity.

As a young person starting out I like, Set for Life, Simple Path to Wealth, Rich Dad Poor Dad, Die with Zero, and Small & Mighty Real Estate Investor just to name a few to get started with.If you ever have specific questions or would like to talk more about investing, real estate, or anything else let me know.

I see it all the time, because the call center lenders that offer that usually have a relatively poor pull through rate, they just try to get as many people through the door as they can, but a good LO should be finding the hurdles up front, understanding the client's goals and overall picture, and offering them rates and terms that they can actually deliver on.  

Quote from @Chance House: Hi Sipan -If you wish to keep the property in an LLC, your best bet is to pursue a DSCR refinance- as conventional lender will not allow you to hold a property in an LLC. 

It just means you made a poor investment.Folks look at rentals as some sort of fantastic tax haven, but they are not.

I bet they will be more aggressive with docs and questions along the way DSCR or not.

Mistakes are inevitable in real estate, whether it’s a missed repair in underwriting, a contractor who walks off with a deposit, or poorly executed work.

we currently Airbnb the ADU which is great for us as we can use the place for family visits, part of the building is a shop for my business which saves on business expenses, and the profit from the airbnb essentially cancels out our mortgage.we could confidently rent the two dwellings for at least $5500 total against about $2600 combined mortgage/heloc .pros of renting: generate monthly cash flow which will alleviate increase in monthly outlay as our next property will be more expensive at a higher mortgage rate; continue to build equity in a market defined by increasing scarcity. pros of selling/cons of renting: alleviate our somewhat house poor condition (lots of equity in the house), ability to diversify and get some of that money into the stock market, don't have to worry about tenants.