Quote from @Anshuman Thakur: Can someone please shed some light on how- convert 401k to SD IRA- how to use SDIRA to buy properties- how much down payment is typically required if we are using SDiRA to only fund downpayment on a multifamily CRE, and which banks typically work with SDIRAs- how does LLC structure- property management and cash flow work in this situation?

I would think some others wouldn't be strict on such a requirement.

If you sell your only overachiever to go with a more leveraged position, you could have 2-3 properties that may cover themselves or even provide a little profit, but when the rental markets shift (and they do), now you have 2-3 properties that all require you to supplement for their shortages. 

The agencies require all properties be - on average - 90% occupied over the prior 90 days (IE - the property needs to be 90% occupied on average over the trailing 3-months leading into quote / commitment).

If the LLC owns a property in a different state, most of the time, the other state will require you register your LLC as a foreign LLC. 

Yes, I require renters insurance.

My plan is to develop five 1,200 SF units, allowing tenants to lease multiple units if they require more space.Recently, a 62,000 SF medical building from a Reputed Hospital Name opened directly across the property, which reinforced my belief that a medical office setup would be a strong fit for this location.

Below is straight from their FAQ:"VA loan assumptions do not require the home to be your primary residence, making them a great option for real estate investors.

You are aware that PadSplit requires you to convert your living and dining rooms into additional bedrooms, right? 

As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.