@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.

Not all VA loans are owner-occupied as the VA gives you an allotment so you can have multiple properties with VA loans depending on what they clear you for.

Your job is in Dallas, you are owner occupied?

I can't move this property to an LLC as the condo docs refrain owners from owning in LLC. 

Upside is that you are paying off debt a lot faster with more towards principal and less towards interest. 20% down is only for SF, even a duplex will require 25% down unless owner-occupied.

Many investors use wholesalers or real estate agents who specialize in investment properties, or they directly target owners with distressed properties.5.

I'd have the PM send notice to the tenants that it was brought to the owners attention and they've waived the fee and thank you for being good tenants.

This is also apparently going to "be a thing" with airbnb portfolios as I am currently working with another owner ready for retirement.

Obviously the ideal way would be to split the lots and rent the lots to mobile home owners but that seems like a very small market.

As others have said, this is the best way to get started because you can get much better financing when the property is owner occupied.