Or no stain depending on the wood's natural coloring. 

Naturally he's trying to persuade me to move forward, but I know there is no reason for me to rush.

I want to lean towards Series LLC due to the nature of it being easier to setup new "child" LLC entities under the main "parent" LLC, if i am understanding how it works.

In addition, the higher the class of property, the better the tenant and typically less damage.My issue with the BRRRR method is not the tenant turn over, maintenance, or cap ex (I factor all those into my projections) but the low LTV of refinance combined with the conservative nature of refinance appraisals.

@Mike Dusenka we renovate the apartment when a tenant move outs so they occur naturally.

If you are completing a background check for work, rental applications things of that nature would be soft as they are using your score, but not actually extending you credit....where my logic falls apart is if open a new account with Cable company (ie Comcast) I believe it is hard inquiry...I seem to remember this being on my report.  

But I would be circumspect about how I requested the records (need them for personal research project), how the information appeared when disseminated (all indications that it came from the State would be removed), and how I phrased my interactions with property owner's who were identified through use of public records (I'd never mention that the owner's identity or address was obtained from the State or County, only that obtained the information legally at considerable cost).

Naturally, to circumvent the system, there are many landlords that are bypassing this process to save registration and other fees. 

I'm working to make my first transaction in the forthcoming weeks/months, so naturally a little nervous, but also enthused and excited!

It's brilliant to interact with fellow South Africans, I am listening to my first Propchat podcast as we speak!