I ran my own custom proforma for a bank loan using the asking price that would generate a cap rate over 10% and CoC just under 20%.

FHA loans require living in the home as your primary residence for 1 year after purchase.

you will not find a cashflowing property at 100% financing whether its with a traditional loan and heloc or whatever the terms. 

You can allocate those proceeds any way you want - as equal down payments or buy one for cash and others with loans - It doesn't matter a bit as long as you use all of the cash and purchase at least as much as you sell. 

The reason why I ask is because that could determine what loan options are available to you (and interest rates). 

They have also outsourced their TAX SERVICES and despite my constant request to expedite my tax filing so that we can apply for a CRITICAL BUSINESS LOAN TO EXPAND OUR BUSINESS, THEY SAT ON OUR TAX and BOOKEEPING files for 7 months.

Job included inside work of leveling floors, installing flooring, paint walls, kitchen cabinets, etc in both units, as well as lay a new driveway, fence the back yard, provide attic fans, and install electric to the crawlspace to add lights and a sump pump.

So they often will reduce the leverage of the loan (getting 65% instead of 75%) or deny it (which isn't as likely). 

We've utilized the VA loan for our current home, and this strategy has worked well so far.

He said the federal government would pay fire fighting costs.i think the state and local governments should use eminent domain and take the land, rezone it for condos and multi-family, install mass transit and better transportation systems and turn difficult to defend areas into parks.