Conforming 25% investment property financing with down payment funds coming via 1031 on a condo that we had operated as a rental for a number of years.

All my past investments have been either on a primary or pure investment property using a single, fixed rate conforming loan.

It's a non-conforming duplex in a nicer area, somewhat close to the local university. 

Only the “investment” conventional loan is a conforming loan that can be used for investing, non owner occupied.

Legal entities are not eligible for conforming residential loans. 

This house has a back door that can be locked off from the main floor (like Ben mentioned above), allowing the basement to serve as a non-conforming second unit which could be “Airbnbed”.

@Cornelius CharlesI am also a beginner wholesaler in Moorpark, and I personally was thinking of writing a weekly blog or post of some sort after reading the book "The Art of Non-Conformity" By: Chris Guillebeau .

Also, unfortunately, USDA/VA/FHA do not lend on noo investment properties.1-4 Financed Properties Full Doc - Conforming ($417K)- Fixed 1 – 2 units -Purchase & Rate and Term Refinance Maximum LTV/CLTV – 80%, Minimum FICO – 660 Maximum LTV/CLTV – 80%, Minimum FICO – 620 Maximum LTV/CLTV – 75%, Minimum FICO – 580 3 – 4 units -Purchase & Rate and Term Refinance Maximum LTV/CLTV – 75%, Minimum FICO – 620 1 – 2 units – Cash Out Refinance Maximum LTV/CLTV – 75%, Minimum FICO – 620 3 – 4 units – Cash Out Refinance Maximum LTV/CLTV – 65%, Minimum FICO – 620 Full Doc - Conforming ($417K)- ARM Same as above.

(you can get a chain at lowes for 2 bucks, and it takes a minute to put on) If you conform to all tenants requests, this won't be a profitable business, or you wont have the money when something real pops up, like a new furnace.How do you handle it?

It can be done, but make sure you can assign the option and make sure you conform to any state laws regarding L/O (I think VA is like NC in that they are now regulated).