You may be better off with a higher rate and the flexibility to access the equity in that property to grow your business or even bail you out of a jam.

@Tony Pellettieri Interested deferred second position notes at 15% leveraging the properties at no more than 70% of the current value for 24 -36 months on properties you plan to sell during that time.

I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners. 

Only properties that are grandfathered in. 

The property or properties will be in Florida and/or Alabama.

Without the upside of a good neighborhood and/or quality property, I don't love it. 

I own 2 small multifamily properties (4 unit and 8 unit) and it sounds like the big opportunities lie in big commercial property (ex. 100units and up).

Connecting with local investors or agents experienced in VA loan-friendly multifamily properties can also help.Good luck!

For example using and LLC to take revenues from properties Etc.

I have REPS by actively and materially participating in my rental property portfolio, and also work as a real estate broker full time (1099 collecting commissions through a single member/purpose LLC) from buildings I sell.My losses from my rental properties (LLC #A) largely offset any federal and state taxes from my brokerage business (LLC #B).