What happens if during an upset sale you win the property with a bid of $100,000 and it has a $300,000 mortgage attached.  

Want an easily remembered name without LLC suffix so that tenant can refer it easily to their friends.2.

@Jamiil TorresIf you can easily make $50k by just renting out your land to solar farmers, why wouldn’t the solar farmers just buy the land themselves?

You may have to pay off the whole mortgage if the due on sale clause is exercised.No need to move in an LLC if it has a big mortgage and insurance.An LLC can also give you a false sense of security that can easily be pierced with a decent attorney.Just have correct insurance and properly maintain your property.

I know I could evict and then sue bla bla bla....I probably would never get my money even if I win. 

You can go broke if you wait for the equity, which can be lost just as easily as it is gained, to recover your cash costs. 

Plus house prices have increased (speaking for where my rentals are) and tenants have helped pay down the mortgage...so in the end that is a win for me.

It should apply, as a veteran myself, I have a soft spot for other vets using their VA loan to get started in real estate (it is how I got started, and it is easily the greatest loan product available). 

These can also be easily faked, but most criminals are sloppy.

Some settlement is minor and can be easily fixed and other settlement is a bigger problem.